It looks like they kind of scraped by. Earnings were in line. Sales were a bit light, mostly on the drug side of the business. It's nothing to jump up and down about.
More Quotes from Bruce Cranna:
Most people in cardiology would say that more is better. If Abbott does acquire the Guidant business, there's very little overlap. There's probably not a lot of restructuring to come.Bruce Cranna
As drug classes go, growth rates in anti-psychotics are actually quite healthy. But it's fairly well penetrated. It gets harder to grow as the industry gets bigger.
Bruce Cranna
It's a classic situation of expectations getting ahead of the story.
Bruce Cranna
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