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12:00 AM
 | 
Aug 06, 2007
 |  BioCentury  |  Finance

Big pharma beat down

Big pharma beat down

Big pharma beat down
Despite only one EPS miss among the top tier pharma companies, the group shed $35.7B of market cap the weeks of their respective earnings announcements. Only three of the 13 - Merck, Novartis and Roche - were rewarded by investors. MRK has two new drugs - Gardasil and Januvia - that are finally turning attention away from Vioxx. Novartis reported a 16% increase in...

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