The only company which is a clear growth vehicle in our view is Schering-Plough. |
The only way this company can improve their earnings is through pursuing a merger or by being acquired. It's not very innovative, but it's what they're going to have to do. |
The restructuring is not heroic by any stretch of the imagination. |
There is a 10-year lag in R&D spending, ... The spending that they're doing today isn't going to be visible in terms of products for quite some time. |
They can get a good price for it and it's probably undervalued in their portfolio. It's not so much about them getting out of that business much as it's about unleashing shareholder value. |
They made the consensus numbers even after taking that charge, ... The stock has already been pummeled in the last few years. I think with all things taken into account, the earnings were a little better than expected. |
They made the consensus numbers even after taking that charge. The stock has already been pummeled in the last few years. I think with all things taken into account, the earnings were a little better than expected. |
This is as good as it gets for Pfizer. They won a victory on both patents -- well beyond our expectations. |
Three months ago, Wall Street was telling Pfizer to fold up its tent and go home. Now some of the things we've been waiting for are coming. |
We believe Merck has put in place an aggressive, but achievable strategic plan. |
We're left with a company with a litany of problems and a management that has zero credibility. I think some heads will roll and they will be very vulnerable to take-out. |
Wyeth is really standing out relative to its peers currently because it has a fairly young portfolio of new drugs, |
You want to educate people on the condition and how to avoid it. |
You're going to see a much more transparent and humbled management team with a lot more detail and granularity on a whole lot of issues, which is not characteristic of Pfizer historically. They have heard their shareholders loud and clear and recognize that they need to be transparent and more visible. |
You've got to give product away in Africa, ... There's a natural arbitrage where the prices get pressure around the world. |