Comment on Biotech stocks fall on Clinton vow to fight 'price gouging'

Biotech stocks fall on Clinton vow to fight 'price gouging'

Clinton's announcement on Twitter follows news that drugmaker Turing Pharmaceuticals had hiked the price of a 53-year-old drug for a potentially deadly parasitic infection from $13.50 per pill to $750 overnight. Because the drug, Daraprim, treats patients with compromised immune systems, the 5,456 percent prike hike sparked outrage from medical groups representing doctors who care for patients with HIV and other infectious diseases.

 

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