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DewDiligence

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DewDiligence

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Re: DewDiligence post# 19871

Wednesday, 02/05/2020 8:18:44 AM

Wednesday, February 05, 2020 8:18:44 AM

Post# of 30495
MRK will spinoff women’s health, off-patent brands, and biosimilars into new (as yet unnamed) company:

https://finance.yahoo.com/news/merck-focus-key-growth-pillars-114500519.html

The spinoff is expected to have ~$6.5B of annual sales (~15% of existing MRK), of which 75% will be ex-US. The spinoff is expected to occur in 1H21.

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

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