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Biotech / Medical : Merck -- Ignore unavailable to you. Want to Upgrade?


To: aknahow who wrote (953)7/24/1998 9:10:00 AM
From: HoyaBob  Respond to of 1580
 
Astra proceeds will be several billion. So how does this affect future earnings? Isn't this income? Also, isn't this a structured payment over several years which can help Merck acquire companies and thus remedy some of its patent expiration issues? IMO, Merck seems to be downplaying Astra proceeds, or not factoring them in at all...