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Re: DewDiligence post# 94554

Monday, 05/24/2010 5:38:07 AM

Monday, May 24, 2010 5:38:07 AM

Post# of 252316

So far, NVS is the only Big Pharma that hasn’t lowered sales and EPS guidance to account for ObamaCare. Why hasn’t it? Simple arithmetic: 60% of NVS’ sales come from the pharma division and only one-third half of that comes from the US

The other side of the coin - NVS is much more exposed to Europe/Euro and might face headwind from the crisis there.

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