Author Topic: Clinton pledge on drug prices knocks $15bn off biotechs (Read 1124 times)

RandallS · « **on:** September 21, 2015, 07:37:30 pm »

"Hillary Clinton, the Democratic presidential frontrunner, knocked $15bn from the value of US biotech stocks on Monday by pledging to take on “outrageous” price-gouging in the pharmaceuticals industry.'Price gouging like this in the speciality drug market is outrageous. Tomorrow I’ll lay out a plan to take it on,' Mrs Clinton wrote in a tweet, referring to a company that hiked the price of a medicine for a form of parasitic infection from $13.50 to $750 overnight."

Read the Article

veggiewolf · « **Reply #1 on:** September 23, 2015, 09:36:55 am »

Quote from: RandallS;180244

"Hillary Clinton, the Democratic presidential frontrunner, knocked $15bn from the value of US biotech stocks on Monday by pledging to take on “outrageous” price-gouging in the pharmaceuticals industry.'Price gouging like this in the speciality drug market is outrageous. Tomorrow I’ll lay out a plan to take it on,' Mrs Clinton wrote in a tweet, referring to a company that hiked the price of a medicine for a form of parasitic infection from $13.50 to $750 overnight."

Read the Article

Randall, the FT link is behind a pay wall for me.

The story Clinton referred to can be found here.