Healthcare: The One Big Thing to Watch at ASCO 2018 Next Week
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 30 May 2018
⏱️ 20 minutes
🧾️ Download transcript
Summary
Precision medicines from Loxo Oncology and Blueprint Medicines could take center stage at the most important cancer conference of the year. Also, here’s why Abiomed’s shares have doubled in 2018. (LOXO) (BPMC) (ABMD)
Transcript
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| 0:00.0 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market, every day. |
| 0:07.0 | Today is May 30th and this is the Wednesday health care edition of the show. |
| 0:11.0 | I'm your host, Christine Harjus and I have health care specialist Todd Campbell on the show. I'm your host Christine Hargis and I have health care |
| 0:13.5 | specialist Todd Campbell on the line. Welcome to the show Todd. Hi Christine are you |
| 0:18.5 | dusting off your foam fingers and getting all your penance ready for the big conference next week. |
| 0:25.4 | Oh man, so I'm looking at Austin, our man behind the glass, who is currently behind the |
| 0:31.5 | glass, and he's like back there fist pumping because he's got his |
| 0:34.2 | cap jersey on like oh you must be talking about hockey playoffs. |
| 0:39.3 | No no the other most important thing you know the sort of investing of conferences. |
| 0:45.0 | The bigger, more widely followed ASCO conference. |
| 0:49.0 | Yes, you're right. |
| 0:50.0 | The American Society of Clinical Oncology has their annual meeting slated for June 1st through 5th, |
| 0:56.9 | so that is coming up and hotly anticipated. |
| 1:00.1 | Yeah, and we're looking forward to it. I know that I've talked to some of the other fellow |
| 1:05.6 | fools that, you know, focus on health care and we've got some great content. We'll be |
| 1:11.0 | providing people throughout the course of the main event. |
| 1:15.9 | Yep, and it should be pretty exciting. So this is one of the biggest investing conferences |
| 1:20.7 | in the healthcare sphere of the year and there's typically a lot of excitement |
| 1:25.5 | from investors both during the conference itself but also leading up to it |
| 1:29.3 | when companies release the abstracts of their presentation. |
| 1:32.6 | So the first story that we want to tell today is about L-O-S-O-O-O-O-X-O. |
| 1:38.4 | This company was a wild success last year at Ascoco and this year it looks like they're going to |
... |
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