I thought that I'd throw this out. The usual gang of morons on Cafepharma are saying that JNJ will be buying Amgen at $222/share in cash and stock. They say it will be announced by year end. Personally, I don't think that the numbers work out. Any discussion?
Go to Cafepharma Amgen Company board and you'll see the discussion. Yahoo doesn't allow posting of links even in this case.
Why would the dividend be a roadblock? When shares split, the dividend per share splits too andwhile both the market cap and total dividend payout remain the same. BTW, IIRC, AAPL split as a condition of being put in the DJIA. Unless something similar happens to AMGN, there probably won't be a split.
Not a cardiologist but Praluent has the following indication in the USA:
PRALUENT is...indicated as adjunct to diet and maximally tolerated statin therapy for the treatment of adults with heterozygous familial hypercholesterolemia or clinical atherosclerotic cardiovascular disease, who require additional lowering of LDL-cholesterol (LDL-C).
Oddly, no mention of HoFH. But both are approved for ASCVD.
It's up to the company, Amgen, to make the announcement, not the FDA. Amgen will do whatever seems most appropriate to them. All companies handle things their own way and those ways can vary over time.
"If I could predict what stocks will do, well then I would not be on this board."
I'll try to keep that in mind with any future predictions. Happy investing!
It all assumes that Regeneron executes their rollout effectively. Remember how Immunex botched their rollout of Enbrel? That's why they came to be acquired by Amgen. Also, it allowed Humira to be approved sooner and grow faster. Not saying that that's what will happen but if REGN is slow on the output and AMGN is a model of efficiency, the month may not make any difference.