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Biotechs Slide After Trump Says "I'm Going To Bring Down Drug Prices"

Biotechs Slide After Trump Says "I'm Going To Bring Down Drug Prices"

One year after Hillary Clinton and Bernie Sanders first hinted, on Twitter, that one of the main targets of their campaigns would be pharma and biotech companies in general, and high drug prices in particular, today as part of his extensive interview with Time, the President-elect, and the magazine's winner of the "Person of the Year" award for 2016 hinted that he, too, would focus on high drug prices.

Donald Trump Is Time Magazine's 2016 "Person Of The Year"

Donald Trump Is Time Magazine's 2016 "Person Of The Year"

One year after narrowly losing to Angela Merkel (and tied with  ISIS leader Abu Bakr al-Baghdadi), Donald Trump has finally won the 2016 Time "Person of the Year Award", the person - or idea - who according to the magazine has most influenced the news and the world in the past year, for good or ill.

“It’s a great honor. It means a lot,” Trump told NBC's "Today" show. "To be on the cover of Time magazine as the person of the year is a tremendous honor," added Trump, who in the past had predicted he would never win the honor.

Trump About To Preside Over New Global Financial Crisis: "Not His Fault, Merely His Misfortune"

Trump About To Preside Over New Global Financial Crisis: "Not His Fault, Merely His Misfortune"

Submitted by Mac Slavo via SHTFPlan.com,

While the world celebrates the political demise of the wicked witch of the west and braces for a Trump-style president, the real crisis is coming, in the form of a financial avalanche that could dump on everyone’s parade.

The warning signs have been up every mile for a long stretch now. The build up of pressure, and the creaking fault lines have been evident. The monetary policy has long been triggering what may prove to be an inevitable collapse…

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