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Keryx Biopharmaceuticals Inc. Message Board

  • dredericktaylor dredericktaylor Feb 1, 2013 10:03 AM Flag

    CNBC, Patent Cliff, Big Pharma raising capital....

    CNBC just had a spot on Big Pharma and how they are handling the patent cliff. Pfizer spun off ZTS today to raise cash for among other things, "buying smaller companies." Bristol-Myers recently raised cash the same way. Zerenex coming out of Phase III with stellar results could not have happened at a better time. Now, will the Big Pharma's who are competing with each other for new product wait for full FDA Approval of Zerenex or will they repeat what Allergan did with MAP and buy on NDA Acceptance....or will they say..."We can't afford to let anyone beat us to this new Market leading Nephrology/Anemia drug. We have to have it now." ????? This is the question that allows Longs to sleep well at night and shorts to knash their teeth.

    Sentiment: Strong Buy

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3.425+0.185(+5.71%)Feb 12 3:59 PMEST