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Wall Street down as investors eye China
2015-09-29 11:56:50| Biotech - Topix.net
US stocks finished sharply lower on Monday and were on track for their worst quarter in four years as investors worried about the health of China's economy and its potential impact on the timing of a US interest rate increase. Much of the damage came from pharmaceutical and biotech stocks after Democratic lawmakers on Monday attacked "massive" price increases of two heart drugs from Canada's Valeant Pharmaceuticals International, which tumbled 16.5 percent.
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Category:Biotechnology and Pharmaceuticals