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DewDiligence

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DewDiligence

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Re: DewDiligence post# 156246

Saturday, 02/02/2013 2:07:13 PM

Saturday, February 02, 2013 2:07:13 PM

Post# of 257253
More color on ZTS spinoff from Bloomberg:

http://bloom.bg/Y1fWxH

Note that ZTS R&D has been separate from PFE R&D since 2003, so there is no material negative R&D synergy from the spinoff, as some have posited. Moreover, ZTS has a paid-up 7-year license to PFE’s chemical library.

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

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