Biotech Stocks Plunge As Trump Vows To Lower Drug Prices

| December 7, 2016

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Trump told TIME that he actually plans to lower drug prices, which is in direct opposition to the general notion that he’d favor a hands-off approach:The value of biotechnology stocks, for example, which enjoy large profit margins under current law, rose 9% in the day after Trump’s election, a rally of relief that the price controls Clinton had proposed would not happen. But Trump says his goal has not wavered. “I’m going to bring down drug prices,” he says. “I don’t like what has happened with drug prices.”

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Creatv MicroTech, Inc.

Creatv MicroTech (Creatv) is a supplier of diagnostic kits and analytical tools, reagents and services for the medical, water, food, environmental and pharmaceutical industries.

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Creatv MicroTech, Inc.

Creatv MicroTech (Creatv) is a supplier of diagnostic kits and analytical tools, reagents and services for the medical, water, food, environmental and pharmaceutical industries.

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