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These high-flying life sciences stocks make Netflix and Amazon look dull

The giants of the internet economy are typically cast as the leading fetish objects for growth investors. But compared to the TAMP stocks, FANG looks a bit dull. What’s TAMP, you ask? That would be Thermo Fisher Scientific, Agilent, Mettler-Toledo and PerkinElmer, just a few of the seldom-discussed names that …

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Pfizer sues Johnson & Johnson over Remicade biosimilar

Mel Evans | AP A cheaper version of J&J’s top-selling drug, the rheumatoid arthritis treatment Remicade, could be available in the U.S. two years early after a federal judge ruled a key patent on the drug invalid. Pfizer on Wednesday filed a lawsuit against Johnson & Johnson, saying that the …

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Senators fail to reach bipartisan deal on Obamacare repair

Bill Clark | CQ Roll Call | Getty Images Sen. Lamar Alexander, R-Tenn., speaks to reporters as he boards the Senate subway in the Capitol on Thursday, Sept. 14, 2017. Republican Sen. Lamar Alexander said on Tuesday that he had failed to reach an agreement with Democrats on a bipartisan …

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Walgreens gets regulator’s nod to buy Rite Aid stores

Patrick T. Fallon | Bloomberg | Getty Images A pedestrian crosses the street in front of a Rite Aid Corp. store in Los Angeles, California. Drugstore chain Walgreens said on Tuesday it received regulatory clearance to buy 1,932 stores, 254 stores lesser than it had previously intended, from Rite Aid …

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Anthem agrees to cover ‘bare’ Obamacare counties in Virginia

T.J. Kirkpatrick | Bloomberg | Getty Images Joseph Swedish, chief executive officer of Anthem. The health insurer Anthem on Friday agreed to sell Obamacare plans next year in the parts of Virginia that were at risk of having no insurers there. Anthem’s move means that there are currently not any …

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How Hillary Clinton and Martin Shkreli both wanted somebody else’s DNA

Getty Images Former Secretary of State Hillary Clinton signs copies of her new book ‘What Happened’ during an event at a Barnes & Noble bookstore, Sept. 12, 2017, in New York City. Shkreli, 34, last week in a Facebook post, urged his 70,000 or so followers to grab some of …

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FDA approves Pfizer’s leukemia drug

Simon Dawson | Bloomberg | Getty Images The Pfizer logo sits on Viagra tablets, produced by Pfizer Inc. The U.S. Food and Drug Administration on Friday approved Pfizer’s drug, Mylotarg, for certain patients with acute myeloid leukemia (AML). The drug was cleared to treat adults with newly diagnosed AML whose …

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Some Aetna customers had their HIV status exposed in mailing

Michael Nagle | Bloomberg | Getty Images Pedestrians walk past Aetna headquarters in Hartford, Connecticut. Groups representing people with HIV are demanding that health insurer Aetna change the way it mails instructions for filling prescriptions as it violates federal and state privacy laws and could expose them to discrimination. Information …

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Drugmaker Hikma’s U.S. unit raises medicine prices

Michael Fein | Bloomberg | Getty Images An employee works in a lab at Momenta Pharmaceuticals in Cambridge, Massachusetts. Hikma Pharmaceuticals Plc’s U.S. subsidiary has raised the price of a common diarrhea drug by more than 400 percent and is charging more for five other medicines as well, the Financial …

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Buy Netflix, Nvidia as higher rates stifle earnings

Akio Kon | Bloomberg | Getty Images Reed Hastings, chief executive officer of Netflix, speaks during a news conference in Tokyo on Monday, June 27, 2016. Goldman Sachs is encouraging clients to invest in high-growth stocks, predicting that higher interest rates in 2018 will cause earnings expansion to slow, therefore …

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