Obesity price wars, expiring patents savage big US pharma stocks
Global markets continue to rally this week, with the Dow Jones hitting an all-time high. One category exempt from this week's rally is the big US pharmaceutical stocks. Price wars over obesity drugs and anxiety as major patents expire has investors and the sector scrambling for solutions: mergers and Ai are two possible answers.
Watchlist: AstraZeneca, Macquarie Group, CAR Group
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