Biotechs Are Ripping Following IPAB Ruling By: Benzinga via Benzinga June 22, 2016 at 11:31 AM EDT Biotech stocks spiked higher on Wednesday after the U.S. government said that Medicare will be exhausted in 2028, two years sooner ... Read More >> Related Stocks: Acadia Pharmaceutica Amgen Celgene Corp Gilead Sciences Nasdaq Biotechnology Ishares ETF S&P Biotech SPDR Ultra Nasdaq Biotechnology 2X ETF Valeant Pharmaceuticals International, Inc.