Mr. Shaman
Seer
"Morning" Joe: RANTS & RAGES Against Medicare D....Like A Good Lil' Opportunist
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November 9, 2016 - "....the election provided a clear bump for drug companies. A closely watched ballot initiative in California that would have capped drug prices for state-funded health programs was defeated.
Investors seemed to think that the scrutiny of drug prices that has prompted congressional hearings would pass. Pfizer's stock was up 8 percent in midday trading. The iShares Nasdaq Biotechnology Index was up more than 7 percent.
Investors saw the election as a respite from the pressure on drug prices, according to an initial investor survey by Umer Raffat at Evercore ISI. “Investors believe odds of a major drug pricing reform have gone way down,” Raffat wrote in a research note.
Trump has suggested that Medicare should be able to negotiate on drug prices, a policy the pharmaceutical industry opposes."
The buck-Toothed, Bobble-Headed, Bimbo Bitch Of Benghazi, is HISTORY America's first female President will have to wait, huh commie?