From Amgen to Gilead, drugmakers are sitting on billions of cash — and top pharma executives are hinting about big M&A to come in 2019

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Billion-dollar deals from drug giants Eli Lilly & Co. and Bristol-Myers Squibb could set the tone for a year full of healthcare acquisitions.

 

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House Democrats launch drug-pricing probe into a dozen major health-care companiesAbbVie, Amgen, AstraZeneca, Celgene, Eli Lilly, Johnson & Johnson, Mallinckrodt, Novartis, Novo Nordisk, Pfizer, Sanofi and Teva Pharmaceuticals received letters seeking detailed information and documents about the companies' pricing practices. Why are they being investigated when Trump claimed that drug prices are at an all time low? I just hope the Democrats don't just waste taxpayer dollars with meaningless politically motivated crap like everyone expects them to. This seems a needed topic, but stay away from political theater Democrats. Just watch the SJC in 2018 if you want to see your embarrassment. Nice to see them investigating actual wrong doing and not just investigating HRC again.
Source: CNBC - 🏆 12. / 72 Read more »

A Big, Fatty Opportunity for Big PharmaThe next multibillion-dollar therapeutic area for drug companies may be fatty liver disease, but there are a few practical hurdles to overcome first. And as for the clients/patients, as usual the practical bottleneck to overcome will be the ridiculous prices for these drugs.. Suspect multibillion is an understatement. Has Big Pharma ( obviously with a pea sized intellect ) ever wondered what's the point of those billions ! Can't the morons see that upto a few million maybe money serves man, but after that man is at service of money ! May Jesus bestow on them love of Mary !
Source: WSJ - 🏆 98. / 63 Read more »