Pharma Stocks Crash Most Since Brexit After Trump Warns Drug Companies “Getting Away With Murder”

by Tyler Durden
ZeroHedge.com
Jan 11, 2017

After six straight days higher and the best start to a year ever, Biotech/Pharma stocks were just crashed lower on the heels of comments from president-elect Trump promising more competitive drug pricing.

Trump says Pharma Industry is “getting away with murder”
Trump says “we need new bidding procedures” for drug industry;

The biggest plunge in Pharma/Biotech stocks since Brexit in June 2016.

The Rest…HERE

This entry was posted on Wednesday, January 11th, 2017 at 1:15 pm and is filed under Health, Politics. You can follow any responses to this entry through the RSS 2.0 feed.