STOCKWATCH: Orphan and generic drugs diverge
This article was originally published in Scrip
Executive Summary
At least two themes emerged from last week’s JP Morgan Conference in San Francisco. At the premium pricing end of the pharmaceutical market, the continuing push for orphan drugs is intensifying and at the opposite end of the market, the management of generics companies are planning how to handle the end of the patent cliff.
You may also be interested in...
Stock Watch: Is Johnson & Johnson Edging Away From Pharma?
J&J’s Medtech division outshone pharma while recently launched innovative products contributed minimally: it is to be hoped investors’ reactions to the first set of big pharma Q1 results will not set the tempo for earnings season.
Stock Watch: Risk And The Pharmaceutical Discount Rate
In contrast to the SEC’s view that public companies’ regulatory filings give investors all the information needed to make an investment decision, the discount rate used to value a company may not reflect all its risks.
Stock Watch: Pharma Businesses That Leave Consumer Behind
Healthcare conglomerates that divorce consumer, animal health and even generics businesses from their pure-play branded pharmaceutical groups could leave a less diversified and riskier sector in uncertain times. But the advantages are apparent.