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November 26, 2024

Weight Loss Stocks Surge Thanks to Biden’s Drug Coverage Proposal

Stock prices for companies engaged in developing drugs for obesity and diabetes saw a significant boost recently. This comes after the Biden administration proposed enabling Medicare and Medicaid to cover these high-cost medications. Market observers note that this proposal could significantly increase accessibility for those needing these treatments. As the discussion continues about healthcare improvements, investors are keenly watching these stocks. The long-term viability of this uptick remains in focus as market dynamics evolve.

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