Why did Merck buy Inspire? Merck is not a very deal savvy company and I question the judgement of its senior management. AzaSite is written for bleph not bc, so those sales are going away. 92 reps for $430 million? You could have built a sales force for $430 thousand! You big pharma numb nuts never cease to amaze me.
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These sorts of deals are indicative of play-acting at being a serious portion of the business. When you see how many of them turn out to be total fluff, you begin to realize the sad state of affairs the buyer is arriving at. Smoke and mirrors but no fire. And to the guys at the top, 1/2 billion is pocket change. Just lay off 3-4 thousand or so employees and you're good to go. It's sort of like re-painting your house.