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DewDiligence

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DewDiligence

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Re: None

Wednesday, 02/05/2020 8:20:57 AM

Wednesday, February 05, 2020 8:20:57 AM

Post# of 955
Spinoff of women’s health/off-patent brands/biosimilars into new (as yet unnamed) company is planned for 1H21:

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

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