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DewDiligence

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DewDiligence

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Re: DewDiligence post# 2821

Friday, 11/10/2017 2:40:06 PM

Friday, November 10, 2017 2:40:06 PM

Post# of 30493
PFE/Hisun dissolve branded-generics JV in China:

https://www.bloomberg.com/news/articles/2017-11-10/pfizer-sells-stake-in-china-s-hisun-ending-drugs-joint-venture

I don’t have an explanation for why this JV didn’t work out. ABT makes very good money from selling branded generics in emerging markets, so I don’t see why PFE couldn’t do it.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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