Trump says pharma industry 'getting away with murder,' stocks slide

Filed under: News, Economics, White HouseNEW YORK, Jan 11 (Reuters) - U.S. President-elect Donald Trump on Wednesday said pharmaceutical companies are "getting away with murder" in what they charge the government for medicines, and promised that would change, sending drugs stocks sharply lower.The benchmark S&P 500 index slipped into negative territory after his remarks at a news conference spooked investors. The iShares Nasdaq Biotech ETF dropped 4 percent at its session low and ended down 3 percent, its largest daily percentage drop in three months."When the president-elect says we're going...
5 Published By - aol.com - 2017.01.12. 00:43
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