The legal victory represents a significant reduction in the risk profile of the company. The company's fending off of this major threat is likely to lift sentiment for the entire large-cap pharmaceutical group through the remainder of 2005.
More Quotes from David Moskowitz:
They got slammed. The credibility of this company has been damaged and will continue to be so for some time until they can deliver.David Moskowitz
President Bush's action, although timely, may be ill advised. For the past three years, both the CDC and the WHO have steadfastly ignored our novel anti-viral approach, which has achieved over 80 treatment success in West Nile virus encephalitis and which should be equally effective against avian influenza. If the WHO had put us in touch with clinicians in Southeast Asia treating avian influenza cases as we've asked for the past three winters, we'd already know by now.
David Moskowitz
We believe that parents are very sensitive to safety issues for ADHD drugs and that a new warning could further add to pressure on the product.
David Moskowitz
Start settling the cases. I think taking this to the courtroom could be damaging. Settlement keeps the issue out of the courtroom and out of the media and it puts a lid on potential damages.
David Moskowitz
Merck has a precedent of announcing head count reductions and then coming back to the table and cutting even further.
David Moskowitz
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