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Wednesday, 11/30/2016 11:10:10 AM

Wednesday, November 30, 2016 11:10:10 AM

Post# of 110151
10:11 ET - Drug-stock indexes may be week as the likes of Gilead (GILD) and Lilly (LLY) down 20%+ this year, but Fitch sees a brighter outlook for the industry from a credit perspective. "The good pace of new-drug approvals is expected to continue during 2017, with a particular focus on biologic agents," it notes while raising its outlook to stable. Fitch acknowledges the "intensifying debate around drug pricing," but notes US regulatory risk is less under a Trump administration. (peter.loftus@wsj.com; @Loftus)

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