BioCentury
ARTICLE | Regulation

The Street: Probably more gained than lost

February 23, 2004 8:00 AM UTC

Gone, But not Gone

The stock market took a reflexive dip on Friday following the Bush administration's announcement that FDA Commissioner Mark McClellan would be leaving to head the Centers for Medicare & Medicaid Services (CMS). But investors were heartened that the announcement addressed the initial concerns over who would be in charge...