What do you guys think about the future of the Pharmaceutical? With all the news I hear that this new admin tries to cut down on the Health care bills and prescription drugs and etc. do you guys think that the future of health care and Pharmaceutical won't be bright regarding stock market? or? not sure if it is a good time to get into it? or just stay away from it? Thanks!
Teva is the world biggest and most profitable generic medicines. Making the drugs that have gone of patents. These drugs are still selling like hotcakes, but TEVA get most of these formulations, and can sell them at much lower prices yet with the required FDA quality.
The government can save BILLIONS ..so TEVA will do very well.It also develops their own exclusive line of biotech etc products.
At around $ 51.- a safe and profitable investment.
You can also speculate in smaller responsible biotech laboratories. I like PLX a lot.They have developed a very unique substance and use this in a drug that GENZ is seling BILLIONS of! Genz had lots of trouble because their labs were invaded by viruses, and they had to stop making this rare drug. Now the FDA themselves ASKED PLX to supply their drug to treat those that can't be supplied by Genz. An English company (Shire) is also developing sucha product, but PLX is far ahead. PLX is selling around $ 8.40 I did my DD, now do your! I think you will PLX too. One of the better regular pharma 's is BMY - solid rising sales and profits, they pay also a 6 % dividend!!