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Industry Focus

Healthcare: Cann(‘t)Trust? And, What’s Behind Gilead’s Latest Mega-Deal

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 24 July 2019

⏱️ 26 minutes

🧾️ Download transcript

Summary

Marijuana stock CannTrust has revealed its been growing pot in unlicensed rooms, calling into question its future as a cannabis leader. Also, here’s why Gilead Sciences’ CEO just inked a multibillion deal with Galapagos to develop drugs together.

Transcript

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0:00.0

Industry Focus is brought to you by PayPal Credit.

0:02.5

Summer is here, so make the most of it by booking your travel plans

0:05.3

or purchasing your favorite gadgets with six months special financing

0:09.3

on purchases of $99 or more with PayPal credit.

0:13.0

Learn more at PayPal.com slash fool.

0:15.7

Subject to credit approval, minimum monthly payments required.

0:19.3

Welcome to Industry Focus, the show that dives into a different sector of the stock market every single day.

0:27.0

Today is Wednesday, July the 24th, and we're talking health care.

0:32.0

I'm your host Shannon Jones. I am joined via Skype by health care guru Todd Campbell. Todd how are you doing?

0:38.0

I'm doing really really good and I hope everybody out there listening is enjoying their summer so far getting ready for their August travel plans and the like are you going anywhere Shannon for vacation

0:50.0

To California here very soon gonna actually have some time on Huntington Beach.

0:55.4

I've been out to LA, never to Huntington Beach.

0:58.1

I'm excited about some downtime and just honestly sitting on a beach with a book.

1:03.3

It sounds like a great way to spend some time this summer.

1:07.8

I've actually never been out that way.

1:09.2

Maybe some listeners can chime in and give you some tips on places to eat.

1:13.2

Yes, and Todd, you're headed out to Germany soon.

1:15.9

I am in two or three weeks.

1:17.9

I'm going to disappear for 10 days and see what Munich is all about.

1:21.6

I'm really looking forward to visiting Munich and Prague and maybe getting down to Innsbruck.

1:25.4

Yes, beautiful, beautiful area and look forward to hearing about your travels when you get back.

1:31.0

Hopefully nothing too crazy will happen in the biotech's face.

...

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