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STAT+: Biden’s policies could spell trouble for biotech — but industry CEOs are backing him anyway

WASHINGTON — From a policy perspective, Joe Biden should be biotech’s worst nightmare. He’s promised to increase the corporate tax rate, dramatically rein in money in politics, and allow Medicare to negotiate over the price of drugs.

But that isn’t stopping major biotech CEOs and investors from personally backing Biden this election cycle.

Continue to STAT+ to read the full story…

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