Replies to post #213802 on Biotech Values

[mazlat10]

Do you think this will have any efect on ACAD? (AGN-RTF)

[DewDiligence]

Damage control—AGN authorizes $2B buyback and increased dividend by unspecified amount:

https://finance.yahoo.com/news/allergan-board-directors-authorizes-2-113000497.html

AGN was in need of damage control following: blowback from the Restasis patent ploy (#msg-134477923); the tepid phase-2 results in NASH (#msg-134823679); and the RTF for Vraylar sNDA (#msg-134851530).