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Democrats take aim at drug prices, prompting sharp drops in biotech stocks

2015-09-28 21:37:25| Biotech - Topix.net

All 18 Democratic members of a U.S. House of Representatives committee on Monday urged their chairman to subpoena Canada's Valeant Pharmaceuticals International Inc to force it to provide documents related to "massive" price increases for two of its heart drugs. ) shares fell more than 13 percent in afternoon trading amid a 6 percent decline for the biotech sector.

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Category:Biotechnology and Pharmaceuticals

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