Biotech Values

[DewDiligence]

BI, what’s your estimate of the % of sales attributable to Medicaid for either specific pharma companies or the pharma industry as a whole? T.i.a. Dew

p.s. Big Pharma will be hit by the non-cash charges that have been reported by such companies as CAT, DE, T, and VZ, although the degree will be smaller because Big Pharma is not as reliant on unionized labor as most industrials and utilities.