Pharma Stocks Decline as House Democrats Investigate Drug Prices

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Pharma Stocks Decline as House Democrats Investigate Drug Prices


Stock prices of twelve of the largest pharmaceutical companies in the USA have fallen sharply after the commencement of a Congressional investigation into prescription drug pricing practices. In a statement released yesterday, it was revealed that the House Oversight Committee chaired by Senator Elijah Cummings (D-Md) sent letters requesting information about their pricing strategies to AbbVie, Amgen,

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Posted by David Hundeyin on January 16, 2019 @ https://www.ccn.com/pharma-stocks-decline-as-house-democrats-investigate-drug-prices/

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