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Is Pfizer's New Business Big Enough To Carry The Old One?
Trefis2d agoneutral
Is Pfizer's New Business Big Enough To Carry The Old One?

Pfizer (PFE) trades at about 95% of its 52-week high. The business that has to justify that price, the medicines it has launched and acquired, is still only about a fifth of the company. The stock returned roughly 24% over the past year against about 17% for the S&P 500, so investors have so far given the handoff the benefit of the doubt. It is a large bet on a small slice.

Should You Judge JNJ Stock Without STELARA?
Trefis2d agoneutral
Should You Judge JNJ Stock Without STELARA?

Johnson & Johnson (JNJ) has been a rewarding stock to hold, up about 53% over the past year against about 17% for the S&P 500. The change worth noticing over that stretch is quieter than the price. Management said sales still rose 5.6% despite a STELARA drag of about 460 basis points. Management is encouraging investors to evaluate the company's underlying momentum by presenting growth rates that exclude STELARA alongside its reported figures.

Billionaire Ray Dalio’s Bridgewater’s and Cathie Wood’s ARK Portfolios: 2 Stocks They Both Own
Insider Monkey3d agoneutral
Billionaire Ray Dalio’s Bridgewater’s and Cathie Wood’s ARK Portfolios: 2 Stocks They Both Own

Billionaire Ray Dalio’s Bridgewater Associates and Cathie Wood’s ARK Invest follow sharply different investment philosophies. Bridgewater generally runs a diversified, macro-driven portfolio that balances exposure across assets, countries and economic environments. ARK concentrates on companies it believes can benefit from disruptive innovation. Still, Insider Monkey’s analysis of their second-quarter 13F filings shows that the two […]

Eli Lilly (LLY) Stock Could Be A Bargain At This Price
Simply Wall St.3d agoneutral
Eli Lilly (LLY) Stock Could Be A Bargain At This Price

Eli Lilly has turned into one of the market’s biggest healthcare stories, with the share price at US$1,136.11 and a very large 5 year gain, so the obvious question for you is whether that move is backed up by the cash the business can generate. With so much of the current debate driven by excitement around obesity and diabetes treatments, the price now invites a closer look at what those therapies may mean for long term cash flows. The stock is up about 416.5% over 5 years, which puts a lot...

Slate Medicines Names Kenneth Koblan as Chief Scientific Officer
Exec Edge4d agoneutral
Slate Medicines Names Kenneth Koblan as Chief Scientific Officer

By Karen Roman Slate Medicines Inc. said it appointed Kenneth Koblan, PhD, as its new Chief Scientific Officer, having previously served as Head of Research and Development at Vesalius Therapeutics, and at Sumitomo Pharma America as Chief Scientific Officer and Head of Development Operations. Dr. Koblan is a biopharmaceutical R&D leader with more than 30 years […] The post Slate Medicines Names Kenneth Koblan as Chief Scientific Officer appeared first on ExecEdge.

Lilly’s Foundayo Quickly Gains Ground in the Oral Weight-Loss Market
Insider Monkey4d agoneutral
Lilly’s Foundayo Quickly Gains Ground in the Oral Weight-Loss Market

Eli Lilly and Company (NYSE:LLY) says its newly launched oral obesity drug Foundayo has captured more than 30% of new U.S. patients starting oral weight-loss medicines, a notable early gain against Novo Nordisk’s Wegovy pill. Reuters reports that Wegovy initially held roughly 90% of the oral market, making Lilly’s rapid share capture an important sign […]

From Novo Nordisk to ‘Novo’: A Strategic Reset Amid Rising Lilly Pressure
Insider Monkey4d agoneutral
From Novo Nordisk to ‘Novo’: A Strategic Reset Amid Rising Lilly Pressure

Novo Nordisk A/S (NYSE:NVO)’s decision to rebrand its day-to-day identity as “Novo” and launch a cultural reset is primarily a strategic response to the company’s loss of momentum in the obesity-drug market, rather than a financial restructuring in itself. Reuters reports that the company is trying to regain competitiveness as pressure from Eli Lilly intensifies. […]

Investing.com4d agoneutral
Berenberg bullish on Eli Lilly, sees nearly 25% upside

Investing.com -- Berenberg analyst Kerry Holford upgraded Eli Lilly to buy, raising its price target to $1,400 in a note Tuesday, representing almost 25% upside, as it backs the drugmaker to extend its lead in the fast-growing obesity market.