Replies to post #242745 on Biotech Values

[maumar]

Do you think this is the main reason the XBI went up almost 5% today?

[north40000]

I haven’t read the separate statements of the individual FTC members yet. My hope: The FTC investigation includes pricing of insulin—the most expensive medication in terms of co-pay that I will be taking for the rest of my life. If there has been follow-up of recent pharm executive testimony with respect to insulin prices before Congress by any regulatory authority in the United States government, I have missed it.

[boi568]

So the current Administration is moving against both drug middle men and illegal short sellers. Good for them.

[swampboots]

Always I am on the fence regarding drug Co's prices but never regarding the insidious middlemen, unless they are trying to adopt a Mark Cuban model (which seems in right direction?)..