OrbiMed's Isaly Sees More Consolidation Among Drugmakers: Video
Bloomberg
May. 04, 2010. 09:13 AM EST
May 4 (Bloomberg) -- Samuel Isaly, a managing partner at OrbiMed Advisors LLC, talks with Bloombe... More »
May 4 (Bloomberg) -- Samuel Isaly, a managing partner at OrbiMed Advisors LLC, talks with Bloomberg's Erik Schatzker about the first-quarter earnings of Merck & Co. and Pfizer Inc. and the outlook for consolidation among drugmakers. Merck said net income fell 79 percent to $298.8 million, or 9 cents a share, on charges related to its purchase of Schering-Plough. Pfizer's profit excluding certain items was 60 cents a share, beating analyst estimates. OrbiMed owns shares of both companies. (Source: Bloomberg) « Less
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