Anonymous
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Anonymous
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To the doomsayers about CV- BMS will never sell Eliquis as it is the future cash cow. There are very few Blockbusters these days. Being forecasted to be in the same category as Plavix and Lipitor Eliquis is destined to be a multi Billion dollar drug. Here's an article titled "Say Hello to 3 Existing and Upcoming Next-Generation Blockbuster Drugs" Eliquis is one of them. No company is going to pay the kind of future royalties that it would take and BMS is not going to walk away from a molecule from their own labs and the investment they have made. Pfizer would be foolish to buy it or BMS as they already stand to reap the profits from Eliquis sales growth and there are no tax benefits to them as they would have to repatriate the money required resulting in a huge tax bill to the IRS.
http://www.fool.com/investing/gener...to-3-existing-and-upcoming-next-generati.aspx
http://www.fool.com/investing/gener...to-3-existing-and-upcoming-next-generati.aspx