The company has gone through a radical transformation,
More Quotes from Barbara Ryan:
It's a wild card. If it works, great, but I don't think there's a tremendous amount of visibility right now. It's been a long time in the making at Merck and there have been disappointments along the way. The HIV virus is crafty, and there are many different strains.Barbara Ryan
I think people are coming to the realization that this is going to be a marathon that's going to be running for a period of time and Merck is unlikely to pay any money out over the next few years.
Barbara Ryan
The restructuring is not heroic by any stretch of the imagination.
Barbara Ryan
There is a 10-year lag in RD spending, ... The spending that they're doing today isn't going to be visible in terms of products for quite some time.
Barbara Ryan
So far the integration appears to be going well. The economics of the merger are going to be quite strong. We're somewhat disappointed in the near-term revenue trend and are neutral on the stock in the short run.
Barbara Ryan
By our calculation, Pfizer's consumer business has an implied market value of 4.6 billion but could be sold for 2 to 2.5 times that amount, or 10 billion.
Barbara Ryan
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