Drug stocks pacing the Dow's gainers Senate GOP leaders dismiss Democrats' drug-pricing plan - (MarketWatch via NewsPoints Desk)

  • US Senate Republican leaders said the drug-pricing proposal unveiled by House Speaker Nancy Pelosi and other senior Democrats would be "dead on arrival," reported MarketWatch.

  • The Democrats' Lower Drug Costs Now Act would have the government negotiate prices for the 25 most expensive drugs each year, while Republicans criticized the proposal as a "socialist approach."

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