I was just visiting over at Minyanville and read – “Snap judgments about a law-abiding pusherman: The Pharmacist“. I took great pleasure in their description of my investment strategy: Blind faith in Big Pharma whose ability to conjure syndromes out of thin air and repurpose existing drugs to treat them has been shown to generate [...]
pharmaceuticals
CVS Buys Longs
Around a couple of years ago, I wrote about the CVS/Caremark merger and about consolidation in the retail pharmacy sector. If I remember correctly, I also said that sooner or later Long’s Drug Stores would soon be swallowed up by Walgreens or CVS. Well, that day has come. According to an excerpt from a CVS [...]
Is It Time To Buy Pfizer?
While being a favorite of many investors throughout the 80′s and 90′s, I’ve never been much of a fan of Pfizer’s (PFE) stock as I thought that it was overvalued for a long time. But now it’s trading not only around it’s 52-week low, it’s trading around it’s 10-year low. At what point does PFE [...]
Drug Patent Expirations
The next few years are expected to be very kind to the generic drug industry and hard to swallow for brand pharmaceutical firms. Here’s is a list of brand pharmaceuticals (pdf) that will lose their patents from 2008 through 2009, courtesy of Drug Topics Magazine.
Rx For A Market Meltdown
How can I have such a positive attitude in light of the current crisis causing the the Dow, S&P 500 and Nasdaq to hit new 5-year lows? Don’t forget that while I’m only an amateur individual investor, I’m also a professional pill pusher. I’m one of the first to have insight into new drugs, especially [...]