Pharma Stocks in Focus as Congress Kicks Off Drug Cost Hearings Tuesday

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Watch pharmaceutical stocks on Tuesday as the new Congress kicks off its first hearings on drug pricing this year.

The two meetings, by the House Oversight and Senate Finance committees, will both focus on the impact of rising drug prices, and lawmakers are expectedBloomberg Terminal to make their case for more direct government involvement in pricing decisions for Medicare and allowing Americans to import certain drugs from Canada for personal use.