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.
XThe 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
View More Biotech And Pharma Stock News
RELATED:
The post Biotech Stocks To Watch And Pharma Industry News appeared first on Investor's Business Daily.
http://feedproxy.google.com/~r/BusinessRss/~3/K5zsmUmuL5I/
No comments:
Post a Comment