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TempePhil

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TempePhil

Re: Biostockclub post# 297979

Wednesday, 02/10/2021 6:02:09 PM

Wednesday, February 10, 2021 6:02:09 PM

Post# of 462271
Bio, followup. I checked Biogens last financial report(annual) and they had about $3Billion in cash. (I would have thought they had more, whatever.) So, yes, paying down debt for $1.75Billion is cleaning up their books, and MAY signal not anticipating good times rolling. However, that said, I think they would have little trouble raising back a few billion to make a purchase.

Thanks for the always thought provoking posts!
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