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- Biotech Index Surges 30% Year-to-Date as Market Rally AcceleratesMid-year data show the biotech sector continuing a strong rally that began in April 2025. The XBI index, the most-watched biotech gauge, rose 19% in June and is up about 30% for the year, trading…
- Medicare proposes 33% cut to 340B drug payments for hospitalsMedicare has released a proposal to cut payments to hospitals for drugs bought through the 340B discount program by more than a third. Under the plan, Medicare would reimburse hospitals at the aver…