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Sun Oct 16, 2016, 02:24 PM

Bernie Sanders knocks a Pharma company's stock down 15% with one tweet?

So it says:

Bernie Sanders IMPLODES Stock Of Drug Company With One DEFIANT Tweet (IMAGE)
By Tyler - October 15, 2016


Bernie Sanders might have lost the Democratic nomination, but he is still using his political appeal to hold drug corporations accountable for their greed. On Friday, the Vermont senator focused his anger on Ariad Pharmaectuals and, with a single Tweet, caused the company’s stock to fall by nearly 15 percent. In terms of dollars, the company lost nearly 400 million dollars.

The tweet in question was an article discussing Ariad Pharmectuals price gouging.

Drug corporations' greed is unbelievable. Ariad has raised the price of a leukemia drug to almost $199,000 a year. https://t.co/EB4nEPxP2G
— Bernie Sanders (@SenSanders) October 14, 2016

Ariad makes a drug called Iclusig which is used to treat leukemia. Since the beginning of this year, they’ve raised the drug’s price four times resulting in a cumulative 27 percent increase in the drug’s price. As a result of these increases, the drug now costs $16,560 a month or nearly $199,000 a year.

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