where do you get the date dec 21st?? Have you seen the ABBV ads for their Hep C drug already on the air? Surprising they are advertising prior to approval.
gives me confidence
you read too much and understand too little the price is discounted in the USA to the govt by 44% the average price per pill to the VA is $560 NO ONE pays 1000 per pill but they all talk about it. Pharma, doctor hospital all charge high but get discounted deeply.
My guesstimate for earnings would be in the $2.70 region. or a 20% current beat but by time of earnings estimates will be rising leaving the beat at under 10%
TRX just figure one month supply for the money for each week as NRX are not always for the full amount but a one month supply this includes refills and is a more accurate gauge IMO. The problem is price, I would figure it at 56% of published price and it will be closer. It always bothered me when politicians talked of a $1000 pill when they knew they were only paying $560. What a bunch of hype by them that they know is BS No one pays published price.
still have a lot of GILD that I bought at 74 so not to worried about fluctuation The fundamentals are still good, so just have to be patient for the big payoff.
your numbers are way off, the experience at GILD on sovaldi has \ been that the EU market is 1/3 of USA market not 3 to 4X What I expect 2003 is better knowledge of the situation.
it is not that global warming is a hoax it is that they are so arrogant to think they know the cause and that by pushing pollution to other countries reduces global warming that blows my mind, the real agenda is not global warming but bringing the US down to the level of other 3rd world countries. Have you ever read Agenda 22 passed and signed by Obama with the UN?
you do realize that the house passed over 350 bills and under Harry Reid the senate didnt pass one bill as Obama had him hold the reins. Under a republican legislature Obama will have to take credit for a lot of vetos or give up on his agenda. The legislation will get passed and the Keystone Pipeline will be one of the first then we will see what your prsident will have to do after 6 yrs of delays. So you are one oyf the few yellow dog democrats that are blind to the ineptness of this president. Even his own party tried to steer clear of him during this election where the democrats lost more Senate seats in a mid term election than at any other time in history and lost a large number of house seats and lost a huge number of govenorships. Give it up you lost enormously due to this guys inability to lead, hopefully he will change for the better of the country for the last 2 yrs of his leadership Heaven knows we need him to do better.
are you crazy, the only ones doing better are the upper 5% the middle class took a haircut and have $3000 less per family in buying power and that was according to a democrat analyst during election returns last night. If he is doing so well how come the republicans kicked butt last night in the house, senate and govenors. Now that Obama doesnt have Reid to control the do nothing senate he will have to grow balls and veto by himself. That will make the democrats even more popular. The market did well under Eisenhower, Reagan, Nixon, and Kennedy (I know kennedy was a democrat but economically he was a republican he gave us huge tax cuts)
big510, if you believe ABBV gets approval you should buy some ENTA, 18 plus millions shares out and they get a 155 million milestone on approval plus a 20% royalty on all sales of ABBV hcv drug sales. Enta will be the biggest winner upon approval and if there are sales.I have bought some to offset any temporary loss on the GILD shares I own. trying to cover more bases. ENTA has no debt and over $5 in cash per share currently. Within a year they could easily have $20 in cash per share if they dont get bought out first.
you could have asked the same thing before GILD got their approval of Sovaldi when they were trading at $46 then they got approval and sales aynd more than doubled. If this gets approval it will be a $20 gainer upon the announcement. then you can ask why didnt people buy this at a much lower price. My question is why didnt ABBV buy the company rtather than the technology it would seem to be a cheaper deal had they done it. To me it is not a question of whether ABBV gets FDA approval but can it compete with Harvoni. But the milestone is not dependent on the competition but on the approval. royalties are dependent on sales so if we get the huge pop it will be hard not to take some profit for me.
then you should buy ENTA and not ABBV as Enta will recieve $9 per share in milestones plus a 20% royalty on every dollar of sales ABBV gets on its HVC drug. Enta will be an easy double on approval of ABBV drug. I bought some as a contrarian play to offset my huge holdings in GILD
bought this as an alternative to all the GILD I own in case ABBV gets thier act together, could some one explain to me 1) wyas the $2 earnings last quarter a milestone and is most of the $4 for Dec quarter a milestone also
2) what are the milestone payments and when for ENTA from ABBV
I really dont understand why ABBV just doesnt buy this company rather than pay it so much.
with the work out favorably of the PBM withdrawl I see this being a double in 2015 and that is why I am holding if it doesnt get worked out it will come down to how much it holds earnings back after tax advantages. I have always worked on low cost provider so this approach of this CEO is a litle new to me.
there is no problem on that, I thought I had stated where I was getting my information so that the confusion would not exist, you can get many numbers from various reports both Gaap and non Gaap and I rarely rely on Yahoo which makes many mistakes but thier earnings report correlates with the 8k portion that I was reporting. What I amy still confused about is some talking about 117 million shares after the "dilution" and I cant come up with that number. My concern remains with 2015 and how the situation works out with the P BMs this is a major hurdle that really needs some clarification before we go into another meltdown. I own a considerable position and dont want to see all gains erased again.