Biotech, broader markets fall

The BioCentury 100 Index shed 282.93 points, or 5.6%, to 4,806.06 on Thursday amid a slide in the broader markets. Other healthcare indices were also down on the day. The NASDAQ Biotechnology index and the NYSE Arca Biotechnology index also each fell 5.6%, while the NYSE Arca Pharmaceutical index was off 2.3%. The broader markets also took a hit on Thursday, led by a 3.1% drop in the NASDAQ. The S&P closed off 2.1%, and the Dow Jones Industrial Average lost 1.6%. ...