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Biotech Stocks To Watch And Pharma Industry News
- IBD STAFF
- 3:27 PM ET
One minute Dow Jones industrial average component Merck (MRK) might be doing battle with fellow drugmaker Bristol-Myers Squibb (BMY) over drugs that can ward off cancer.
The next, biotech giants like Amgen (AMGN) and Sanofi (SNY) are tussling in court over the fate of cholesterol-busting drugs. Meanwhile, a company like Gilead Sciences (GILD) might be raked over the coals in Congress for charging $1,000 a day to treat hepatitis.
It’s a brave – and contentious – new world for pharmaceutical and biotechnology companies. It’s a realm where science is trying to develop landmark medicines that cure cancer, hepatitis and other life-threatening illnesses.
All the while it does a delicate dance with Wall Street and regulators – balancing public health issues with the demands of shareholders. Investors will find it tricky to navigate the sector, as companies can rise and fall at the drop of a hat.
Bookmark this page to stay on top of the latest news in the biopharma sector.
Biotech And Pharma News
- IBD STAFF | [email protected]
Gilead Sciences caught an upgrade Thursday following its Kite Pharma buyout. (Kris Tripplaar/Sipa USA/Newscom)
Does Gilead’s Kite Acquisition Offer A New Buying Opportunity?
5:16 PM ET Gilead caught an upgrade following its Kite buyout and the promise shown with new cancer drugs.
5:16 PM ET Gilead caught an upgrade following its Kite buyout and the.
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