This company has positioned itself as a Major and the stock is completely oversold! I see a big Pharma stepping in and hitching MYL to their train for the future of the BIOSIM universe that is about to explode!! Sanofi, GSK, Sandoz
Mylan MYL came down in latest sell-off near 52 week lows however its portfolio is expanding rapidly with 2 small buys they landed for a great deal! The wild card is their entry into Biosims which Amgen is rapidly expanding internally to fight off patent expirations. Mylan will bring Amgen front and center and capture the Lion's share of the errupting BIOSIM market!! MYL could easily fetch $75-80/share buout and this would stabilize and give terrific long term growth to AMGEN as they lead the PACK in the Biotech/BIOSIM future!!
I am a cautious investor but I have to give credit where it is due! The execs of Mylan avoided paying too much for Perrigo to simply stay out of Teva's hands. While the drama unfolded Mylan went back to Meda AB that since bought Rotto Pharm of Italy and dramatically increased scale of their opperations. Rotto Pharm has been makiing deals since the 60's. I thnk Mylan execs played their hand propperly. Now I wouldn't be surprised to see Pfizer or Sanofi, Novartis (Sandoz) make their play for Mylan now. Interesting movement in the world of generics and BIOSIMS!! Mylan at $85/share would make sense for a big Pharma now!!
Moody's: Acceleration Of Fda Approvals Is Both Blessing And Curse For Generic Drugmakers(Dow Jones) This is just the start, watch what happens in this space!
Renaissance's Leading Topicals-Focused Specialty and Generics Business is a done deal, and Meda has more than most know to offer that made it a briliant buy vs Perrigo! Maybe luck or maybe planned, either way Mylan is emerging as the smart player in those rounds with Meda instead of Perrigo
That is the real story and makes perfect logical sense for both parties to gain scale and synergies to take on Teva. Mylan invested heavily for their Biosim program and it will yield BIG time especially after congress is making it a point to get these generics (biosims) and are others to market more quickly. That is why PFE and a few others may be involved in the long run!! It's going higher I am telling you, the REAL story!!
Sanofi to shore up their Epi Pen multi billion product, Sandoz in need of large scale and last but not least Pfizer intrested in Biosim platform and a generic powerhouse that gives Pfizer the vehicle to split the company up finally!! Potenital is there for $85/90 share with ease!!
There have been a lot of stories swirling and this one makes very practical/logical sense!! After Teva closes the former Watson- Allergan's generic behemouth, race is one for Mylan. They have leapfrogged in their generic base and Biosim platform that is attractive to- Pfizer, Sanofi and probable Novartis! An $85-90 a share take out would be an easy instantly profitable move for any one of the 3 contenders. Sandoz about to own the EU if MYL gets consumated!! It's about to get HOT and interesting!! Good luck, I am in all the way now!!
A conversation between the co's Heads lead to end of day ramp of the shares of Mylan. Something huge is coming, the word is Pfizer is seeking them out as a Biosim stronghold
Whispers of Pfizer are getting louder, a $85-90 bid is on its way! load up, this time it's real! Early Christmas