Pharma, biotech shares soar as Trump win calms pricing talk
NEW YORK/LONDON (Reuters) - Pharmaceutical and biotechnology shares soared on Wednesday as Republican Donald Trump's U.S. presidential election calmed investor fears of tough action on drug pricing that has pressured the sector for more than a year. Hospital shares tumbled as a Republican sweep of Congress raised prospects for a rollback of the Affordable Care Act (ACA), which expanded the number of patients in government health plans. Fears of a win by Hillary Clinton and Democrats gaining powe
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