Tim Anderson Quotes on Business & Commerce (5 Quotes)

The company's not going out of business, but ironically it's acting like a cyclical, which drug companies aren't supposed to do. The turnaround may not happen for a couple of years, but it's a well run company that just happens to be facing a lot of problems.

There are some names out there, like Wyeth, for example, that, you know, the base business is in good enough shape, where they actually don't need much coming out of the pipeline,

They have a more complicated structure and require more complicated processing. Our role is to better understand the and transfer the technology to industry.

Although the company met consensus, the quality of earnings was poor, in our view, because sales growth was weaker than we forecast, expenses were lighter than expected, interest income was above guidance, and the tax rate was significantly below historical levels.

They're looking for a new chief executive. There is a strategic review going on looking at whether all the business should be bought or parts of it.