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Big Pharma Stocks Hit Hard by Drug Price Proposals

Big Pharma Stocks Hit Hard by Drug Price Proposals

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Drug stocks are in a tailspin, and you need to look no farther than Washington for the primary reason. A White House plan to cut the price of medications has led to a more than 10% drop in the Dow Jones U.S. Pharmaceuticals Index over the past month as investors bailed on Big Pharma, concerned that any price controls would eat into sales and profits.

...read full article on GuruFocus

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