BioCentury
ARTICLE | Financial News

Biotech indexes tumble in preview of campaign volatility

April 17, 2019 11:04 PM UTC

Biotech indexes tumbled on Wednesday as presidential primary rhetoric weighed on biopharma shares.

The rout came a day after UnitedHealth Group Inc. (NYSE:UNH) CEO David Scott Wichmann waded into the Medicare For All debate, sending shares of UnitedHealth down $9.24 to $220.96 on Tuesday and $4.12 to $216.84 on Wednesday...