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Replies to #12284 on Biotech Values
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io_io

06/18/05 6:49 PM

#12288 RE: DewDiligence #12284

About the $ big-pharma re-patriation:

Does anyone know much fact about this ? Obviously one theory is that the PFE / MICU deal is the first evidence. Does the money have to be front-end loaded for deals/partnerships, or what are the IRS rules on it (its a tax-break) ?

Apparently it's a 100$bn re-patriation - do the companies (PFE, WYE, MRK, SGP, BMY, DNA, BIIB, etc) have to submit plans on what they intend to do - is this public information once submitted ? Is there a time-frame/window ? I hardly suppose it will identify the targets, LoL, but might specify the sizes of deals, and whether acquisitions are targeted.