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DewDiligence

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DewDiligence

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Re: genisi post# 136381

Tuesday, 10/30/2012 7:36:44 PM

Tuesday, October 30, 2012 7:36:44 PM

Post# of 251720
AGN seeks to divest LapBand:

http://finance.yahoo.com/news/allergan-reports-third-quarter-2012-130000266.html

Allergan is exploring strategic options for maximizing the value of its obesity intervention business, including among other things, a potential sale of that business unit.

LapBand is currently selling at an annualized rate of about $160M, about 3% of AGN’s overall sales.

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

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