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Replies to post #221479 on Biotech Values

Replies to #221479 on Biotech Values

Whalatane

10/18/18 8:24 PM

#221491 RE: DewDiligence #221479

ECYT. Thx Dew ...held small long position
Kiwi

jbog

10/18/18 9:03 PM

#221492 RE: DewDiligence #221479

Dew,

This seems like rather unusual move by Novartis. It seems like the new CEO Vasant Narasimhan will just make an transaction in one swoop. Jimenez seemed to just dip his toe in until he was sure the transaction was correct.

MadCityCyclone

10/18/18 10:26 PM

#221494 RE: DewDiligence #221479

reminds me of merck's acquisition of idenix.

and the subsequent 3 billion dollar write off.