GM Novartis!

BMS here. See you soon!

https://www.fiercepharma.com/pharma/novartis-nominates-former-bristol-myers-ceo-giovanni-caforio-its-new-chair-large-ma-next-0

 

Is this a good thing or a bad thing

 

NVS+BMS. Likely?

 

Likely? Highly likely or another big merger will happen. First step is every big Pharma company is buying everything they can as you see..
The IRA, etc will then push the big dogs into mergers..

 

Big dogs? Fuck off, Poindexter.

 

Novartis needs to get in the weight loss game. Potential molecules/companies with weight loss medications being studied are Aphaia Pharma and Shionogi & Co. Let's go shopping!

 

NVS is the sewer it just pays better.

 

I think they are. Vaguely remember something being said on a town hall call not that long ago

 

What was mentioned was that they sold it just prior to the explosion of the weight loss market.
https://www.statnews.com/2023/05/01/weight-loss-obesity-wegovy-ozempic-biotechs-novel-mechanisms/

 

No way. Wow that sucks

 

Nah, its fine. Duane just would have given it away for "double credit".

 

Look at the development programs recently killed...at least some could be replaced by BMS products/pipeline e.g. checkpoint inhibitors, anti-cd40, oral psoriasis, heart failure etc.