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Tuesday, 11/17/2020 8:30:17 AM

Tuesday, November 17, 2020 8:30:17 AM

Post# of 704206
Of interest:

Buffett's Berkshire bets on Big Pharma, invests in four drugmakers

“In a regulatory filing detailing its U.S.-listed stock holdings as of Sept. 30, Berkshire disclosed $5.7 billion of new healthcare stakes, including more than $1.8 billion each in Abbvie Inc, Bristol-Myers Squibb Co, Merck & Co and $136 million in Pfizer Inc.”

Noted comment in article:
“The sector has become more efficient as big drug companies partner with smaller, inventive rivals,” Armstrong added. “But you will always need companies with scale for manufacturing and distribution, including vaccines with global application.”-Armstrong

Article:
https://www.reuters.com/article/us-investment-funds-berkshire/buffetts-berkshire-invests-in-several-big-drugmakers-idUSKBN27W2TS
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