Clinton Proposes Drug Price Crackdown

Former Secretary of State Hillary Clinton is releasing her proposal today to address rising drug prices, as Bloomberg reports:

Hillary Clinton Drug Plan Would Cap Consumer Costs, Mandate R&D Spending

A day after a tweet about high drug costs from Hillary Clinton sent pharmaceutical and biotechnology stocks plummeting, the Democratic presidential candidate said that if elected, she’d implement programs to force the industry to concede tens of billions of dollars a year in tax breaks, lower prices and increase research spending.

Clinton’s proposals …