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Healthcare reform bill and the stock market

Should a interesting week in the nation’s capital, Blog Biotech breaks it down here

Healthcare and biotech stocks were up today as expected following passage of the historic reform bill. Although there is a considerable amount of work to be done in enabling the historic legislation, uncertainty has been removed and the market can play it out. Many analysts and economists previously have forecasted upside potential for pharmaceutical, biotechnology and hospital management companies due to the addition of 32 million Americans to the insurance rolls. John Sullivan of Leerink Swann in today’s Healthcare Strategy Report said that the healthcare sector is undervalued relative to the rest of the market and that the sector will outperform.

What will be the short and long term affects will health care reform have on the Biotechnology industry? A question to think about for you big or small health/ pharmaceutical companies.

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