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Re: Whalatane post# 40295

Tuesday, 12/23/2014 9:30:04 PM

Tuesday, December 23, 2014 9:30:04 PM

Post# of 426739
kIWI: It's already caused a huge sell off and I would bet
the selloff will continue. In the 45 year history of Biotech
there's never been a price war. The prohibitive cost of taking
a drug from the bench to the bedside, requires pricing power.
That has always been the attraction to investors. Why did the
Industry Organizations give Obama Care $80B ? Obviously to avoid
a Price War. I don't believe you comprehend the significance
of what happened. GILD, Celgene, Amgen, Biogen, Regeneron,
and all large and Mid Size Biotech have already down 15-30
points.
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