mercredi 3 septembre 2014

Motely Fool, SB

BB is fiddling while TO burns, BB and his team are making millions by the day while they gut a once proud company with a future built on lies, never met promises and false hope. Don't believe the propaganda ministry that is AH, RH and HR.



"Secondly, I worry about Amgen's ability to grow while cutting staff. I fully understand the cost constraints that 10 late-stage studies and potential new drug or supplemental drug filings can bring about, but it's very difficult to grow a business by shrinking its workforce. Turning to cost-cutting and share buybacks has been a common tactic employed by Amgen's management team throughout the years in order to give investors the perception that its business is growing healthfully. Underneath those cost cuts and share buybacks, however, is a company that's struggled to grow revenue at a rate that would please its stakeholders.



Finally, Amgen's going to be potentially walloped by the expiration of Neulasta's patent in the U.S. in late 2015. This drug, which helps patients maintain their white blood cell counts and avoid infections while undergoing chemotherapy, brought in $895 million of Amgen's $3.76 billion in total U.S. sales in the second quarter. Even if Amgen delivers some positive news to investors with its late-stage pipeline push, it'll be hard-pressed to make up for what I suspect could be $2 billion in lost annual revenue, if not more, in 2016 alone"





Motely Fool, SB

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