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DewDiligence

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DewDiligence

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Re: DewDiligence post# 1027

Saturday, 07/27/2019 12:57:02 PM

Saturday, July 27, 2019 12:57:02 PM

Post# of 6080
PFE,MYL near deal merging MYL with PFE’s off-patent drug segment (known as Upjohn), creating a new US-based company:

https://www.wsj.com/articles/pfizer-nears-deal-to-combine-off-patent-drug-business-with-mylan-11564228743

Upjohn comprised 23% of PFE’s sales in 1Q19. PFE/Upjohn has the largest sales of any drug company in China (#msg-145849075).

PFE reports 2Q19 results 7/30/19, and MYL is holding an Investor Day 7/31/19, so this deal will likely be consummated very soon if it’s happening at all.

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

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