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Saturday, 07/26/2014 9:25:45 AM

Saturday, July 26, 2014 9:25:45 AM

Post# of 80490
This is an on-going story in the industry.

http://www.fool.com/investing/general/2014/07/24/pfizers-incoming-patent-cliff.aspx

Pfizer is not the only BP looking at quickly diminishing revenues. They are hungry for pipeline... and, of course Ariad certainly has pipeline.

This is why Yellen has no idea what she is talking about. Biotech is still very undervalued and I predict the pace of buyouts and mergers will increase substantially in the next year or two.

If I need advice on interest rates, I'll look to Yellen. Biotechs, not so much.

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