Managers welcome US health bill

clock

Historic decision is expected to improve the prospects for many US biotech and pharmaceutical companies

Fund managers have hailed the approval of the healthcare reform bill in the US as a significant step in removing uncertainty plaguing the sector for the past two years. US investors and sector specialists say the result offers more visibility on the future of healthcare provision. However, there are still a number of legislative hoops and political horse-trading ahead before President Barack Obama can sign his sweeping welfare reform into law. “Even back in August last year, it became clear the plan being thrashed out was going to target the healthcare insurance sector rather than the...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on US

JPMAM's Katie Magee: US equities provide a lesson in long-term thinking

JPMAM's Katie Magee: US equities provide a lesson in long-term thinking

Test of investor resolve

Katie Magee
clock 04 July 2025 • 3 min read
Investors warn American exceptionalism 'not dead but diminishing'
US

Investors warn American exceptionalism 'not dead but diminishing'

Despite rallying stock markets

Sorin Dojan
clock 04 July 2025 • 4 min read
US beats expectations with 147,000 jobs added in June
US

US beats expectations with 147,000 jobs added in June

Slim chances for Fed rate cut

Patrick Brusnahan
clock 03 July 2025 • 2 min read
Trustpilot