Tuesday, June 4, 2013

MORE ON MERCK

Lots of investors have been frightened by Obama Care and it's so-called negative implication on health care in general. Rather than saving money or lowering overall costs, as its proponents propose, we believe just the opposite.

It will prove a disaster of major proportions. Disasters draw attention.

With that theme in tow, as pointed out previously, pebbles tossed in water have ripples. Those ripples often take the form of necessity leading to adjustments or altered behavior. Big pharma will adjust, people want cures, wanting cures crosses all boundaries, cultural, racial, religious, age and gender.

Once upon a time Merck ran one of the finest research units. Despite some obvious potholes ahead, we believe they are headed in that direction again though it won't necessarily look or act exactly like the previous one.

http://online.wsj.com/article/SB10001424127887324063304578523560981960152.html?mod=WSJ_qtoverview_wsjlatest

http://online.barrons.com/article/SB50001424052748704509304578515391643495844.html?mod=BOL_hps_highlight_top

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