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Pharma Stocks Are Soaring After Donald Trump’s Victory

Shared by Radhika Narayanan | 554 87 4 | about 12 months ago

Pharmaceutical stocks surged in Europe on Wednesday as Republican Donald Trump’s U.S. presidential election win led investors to conclude the threat of tough action on drug pricing had receded.

News that a California ballot initiative aimed at reining in rising prices for prescription drugs was headed for defeat also buoyed the mood, with shares in major European drugmakers rising between 2 and 6 percent

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Categories Digital chemistry & Pharma IT Trump Administration

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