Near-term it's a positive for Lilly and will make it easier for Wyeth because they won't have someone launching right in front of them.
More Quotes from Albert Rauch:
If you've misjudged what's happened in '05, how can you give guidance for '06 and '07 with any confidence.Albert Rauch
Those are two big things to overcome and basically have double-digit growth when you experience that type of generic competition.
Albert Rauch
It is still too early to know if (Merck) will be able to win cases on a consistent basis,
Albert Rauch
Each time they win, the stock will go up and each time they lose, it will go down, ... But this verdict shows that Merck's strategy of using solid science and medical information to defend themselves can work in certain situations.
Albert Rauch
The best defense against generic competition is innovation, because you don't have to worry so long as you come up with an innovative product that antiquates your older product, ... You can replace your own products before generic competition comes out.
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If you acquire a company, you acquire all the expenses of the company. But if you sign a license, you can use cash on your balance sheet instead of your income statement.
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Based on Keywords: lilly, wyethPlus the public's attention span is so short right now, if a skater doesn't strike while the iron is hot... well it's not like people will forget you, but they just won't care anymore.
Brian Boitano
Thou hast seen nothing yet.
Miguel de Cervantes
He's the president of the United States. He's got to work 14 to 16 hours a day, run foreign and domestic policy. If he's got time for mistresses after all that, what the hell difference does it make?
Pierre Salinger