Pricing woes pummel biopharma stocks

Biopharmas suffered sell-offs on Friday as investors digested concerns about drug pricing that affected the outlook for Novo Nordisk A/S (CSE:NVO; NYSE:NVO), Amgen Inc. (NASDAQ:AMGN) and AbbVie Inc. (NYSE:ABBV).

Novo lost more than $13 billion in market cap to $90.9 billion, based on its close on NYSE,

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