Abbott to purchase Bausch and Lomb!

Quote
















Anonymous said:
This is the de facto AbbVie board. In case you haven't realized this yet, Abbott is not much of a pharma company anymore.
Click to expand...

Not true - unfortunately Cafepharma is US centric, but Abbott makes more than 5 billion with old drugs worldwide - called EPD with extraordinary growth rates in the emerging markets. Bausch&Lomb is also selling drugs beside medical devices and nutrition.
 




Anonymous said:
Not true - unfortunately Cafepharma is US centric, but Abbott makes more than 5 billion with old drugs worldwide - called EPD with extraordinary growth rates in the emerging markets. Bausch&Lomb is also selling drugs beside medical devices and nutrition.
Click to expand...

Sure the growth rate is there, but the profit margin sucks. More countries are taking the IP of pharmas and making it their own at worst, and mandating pricing cuts at best.
 




Anonymous said:
Sure the growth rate is there, but the profit margin sucks. More countries are taking the IP of pharmas and making it their own at worst, and mandating pricing cuts at best.
Click to expand...

You just don't get it, do you? We make lose money on every single pill, but we make up for it in volume, yes?

Oh, wait.....
 




Anonymous said:
Not true - unfortunately Cafepharma is US centric, but Abbott makes more than 5 billion with old drugs worldwide - called EPD with extraordinary growth rates in the emerging markets. Bausch&Lomb is also selling drugs beside medical devices and nutrition.
Click to expand...

Yep, huge growth potential. But here's another 15 -20% hit on prices by China:

"Pharma's path to a big payoff in China is growing narrower and narrower. The government has just announced its fourth drug-price cut since 2011, with 400 meds subject to forced discounts. And on that list are several of Big Pharma's key products.

In a statement issued earlier today, China's National Development and Reform Commission outlined 20 classes of drugs affected, including respiratory remedies, pain relievers and--for the first time--specialty drugs. The average hit will be 15%, with cuts to the more expensive drugs running as high as 20%, Reuters reports."
 




Anonymous said:
Yep, huge growth potential. But here's another 15 -20% hit on prices by China:

"Pharma's path to a big payoff in China is growing narrower and narrower. The government has just announced its fourth drug-price cut since 2011, with 400 meds subject to forced discounts. And on that list are several of Big Pharma's key products.

In a statement issued earlier today, China's National Development and Reform Commission outlined 20 classes of drugs affected, including respiratory remedies, pain relievers and--for the first time--specialty drugs. The average hit will be 15%, with cuts to the more expensive drugs running as high as 20%, Reuters reports."
Click to expand...

Go Free Market Economy! Go Capitalism at its best. It's a level playing field now!. Sorry, Charlie.
 








Anonymous said:
Yep, huge growth potential. But here's another 15 -20% hit on prices by China:

"Pharma's path to a big payoff in China is growing narrower and narrower. The government has just announced its fourth drug-price cut since 2011, with 400 meds subject to forced discounts. And on that list are several of Big Pharma's key products.

In a statement issued earlier today, China's National Development and Reform Commission outlined 20 classes of drugs affected, including respiratory remedies, pain relievers and--for the first time--specialty drugs. The average hit will be 15%, with cuts to the more expensive drugs running as high as 20%, Reuters reports."
Click to expand...

This has been an Urban Legend for years, don't believe it.
 




Top Bottom
Back
Quote