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Health-care drama has now spread to biopharma stocks The recent  decline in

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Health-care drama has now spread to biopharma stocks

The recent  decline in health-care stocks comes during an uncertain time for the future of U.S. health-care policy, with lawmakers demanding tighter regulations and transparency on drug prices and questions swirling around the probability of the country implementing a single-payer system, also known as “Medicare for All.”

Investors initially seemed more concerned about the impact such a system could have on managed-care companies and insurers. But “sub-sectors are all naturally intertwined,” said Michael Yee of Jefferies in a note to clients on Thursday, calling the hit to biopharma “collateral damage.”

https://www.marketwatch.com/story/health-care-drama-has-now-spread-to-biopharma-stocks-2019-04-18?siteid=yhoof2&yptr=yahoo

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