Saturday, September 08, 2018 7:36:33 PM
Thanks again for that Celgene reference. I subscribed to their website and listened to the (just over 1 hour) conference call held in Boston on 9/6/18(I was not aware it was happening, may have tried to attend).
Their(Celgene´s) ceo, Mark Alles, via my experience, is the most well spoken biotech ceo I´ve ever listend to, and I am not invested in clgn(wish I had).
I took alot of notes and thought the moderator, Robyn Karnauskas from Citi, and Alles,Chairman & CEO of Celgene, were refreshing to listen to.
I particularly liked this at about the 44 minute mark:
(not sure I got every word, so could be ¨paraphrasing¨ a bit)
¨Focused on executing like crazy, we had a great 1st half, as I´ve already said,the momentum is carrying through how we thought it would for the year. We are reaffirming 2020. All of that cash flow, all of that opportunity, is based upon great execution, and continuing to pour capital appropriately for share buy backs, but maintaining our goal to building the company through M&A, and research. That´s going to stay¨
He then goes on to talk not talk about past accomplishments, but the next 10 years(and does note ibd/chrones/colitis/ among others).
I hope we caught their ear.
Thanks again for posting.
kfc
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