Bloomberg Surveillance: Bloomberg BNA's Eleanor Tyler on pharma
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 7 June 2016
⏱️ 7 minutes
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| 0:00.0 | With Bloomberg you get the story behind the story, the story behind the global birth rate, |
| 0:04.7 | behind your EV batteries environmental impact, behind sand. Yeah, sand, you get context. |
| 0:10.8 | And context changes everything. Go to Bloomberg.com to get context. |
| 0:15.3 | The magic of Bloomberg BNA articles and essays is their detail. It is crushing how smart they are about certain windows. We're going to drag you, kicking and |
| 0:27.3 | screaming right now into the legal mess known as pharmaceuticals Eleanor Tyler is with Bloomberg BNA out of Georgetown law and she joins us now |
| 0:39.7 | Eleanor there's a lot of media frenzy about, oh, they're all moving to Ireland, or they're doing |
| 0:45.6 | this, or they're doing that. |
| 0:47.4 | Cut to the Chase in Washington. |
| 0:50.1 | What do we want from our pharmaceutical industry |
| 0:54.1 | well uh... com we think we want a lot from our pharmaceutical industry uh... lately a hot |
| 1:00.0 | topic uh... in addition of course to wonder cures for our various ailments is we would like |
| 1:06.7 | lower generic drug prices if there's a lot of heat around that topic and the Federal Trade Commission has been taking some of that heat at least from the hill |
| 1:18.3 | but we did an analysis that shows based on the FTC's data and running that through a tool on the on our corporate |
| 1:29.9 | transactions that's called Deal Analytics we we found that the FTT is actually |
| 1:34.4 | already looking very closely at pharmaceutical mergers. |
| 1:37.7 | Well, what brings them in at a time when everybody is also concerned about these pharmaceutical |
| 1:47.0 | mergers because they figure it's just a tax deal? |
| 1:50.0 | Well, the tax deal is a separate issue. Of course, in versions blew up the recent big planned |
| 1:59.7 | merger between Pfizer and Alargan. That issue is if they are going to have |
| 2:06.5 | failed in the US we would really prefer that they would pay taxes here as well. The inversion issue, they've brought new |
| 2:17.4 | regulations that restrict how those are booked, that killed that merger. |
| 2:25.0 | But other mergers that ordinarily involves mostly just merging to companies that are looking to get efficiencies from combining their |
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