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Biotech / Medical : PFE (Pfizer) How high will it go? -- Ignore unavailable to you. Want to Upgrade?


To: TimeToMakeTheInvs who wrote (7319)3/29/1999 1:27:00 PM
From: Ibexx  Read Replies (1) | Respond to of 9523
 
Time to Make,

My opinion regarding a rumored Glaxo/BMY merger was based upon years of professional experience in the pharmaceutical industry. BMY is an extremely innovative company--its angiotensin inhibitors revolutionized hypertensive therapy, for example--whereas Glaxo is somewhat stodgy with uneven R&D and marketing performance. (No hate mail, please). If merged, BMY could get the short end of the stick and suffer from organizational suffocation. The cultural misfits between the two companies are quite obvious to those who are in the know. There are other product issues are well, but I will not elaborate here due to complexities involved.

BTW, I don't worry about Pfizer's competitive position. In this business, competition is a way of life.

Ibexx