Pharma Stocks Crash Most Since Brexit After Trump Warns Drug Companies "Getting Away With Murder"

After six straight days higher and the best start to a year ever, Biotech/Pharma stocks were just crashed lower on the heels of comments from president-elect Trump promising more competitive drug pricing.

  • Trump says Pharma Industry is "getting away with murder" 
  • Trump says "we need new bidding procedures" for drug industry;

The biggest plunge in Pharma/Biotech stocks since Brexit in June 2016.

In 2 minutes, the entire 2017 rally has been wiped out.