Drug Stocks Plunge as Trump Threatens to Force Price Bidding

Drug Stocks Plunge as Trump Threatens to Force Price Bidding


Pharmaceutical and biotech stocks plummeted Wednesday after President-elect Donald Trump said he'd force the industry to bid for government business, a position that aligns him with congressional Democrats and against the powerful drug-manufacturing lobby. "They're getting away with murder," Trump said at a press conference in New York.



from Biotech News