Healthcare: Top Biotech Resolutions for 2017
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 4 January 2017
⏱️ 22 minutes
🧾️ Download transcript
Summary
Beaten-up biotech has some work to do to restore investor confidence. Here's how Gilead Sciences, Valeant Pharmaceuticals, and the entire industry can get back on track in 2017.
Transcript
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| 0:17.0 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every single day. |
| 0:24.0 | I'm your host Christine Hargis and it is January 4th 2017 meaning it's our first health care |
| 0:30.2 | episode of the new year. Health care contributor Todd Campbell is joining me via Skype. |
| 0:34.7 | How's it going? |
| 0:35.2 | Hi Christine, how are you? |
| 0:37.0 | I'm great. Welcome to January. |
| 0:39.0 | Yeah, happy new year. |
| 0:40.6 | Thanks, it's my birthday month. |
| 0:41.9 | I'm excited. Thanks, it's my birthday month. I'm excited. Oh exciting. So we are jumping |
| 0:45.9 | the gun a little bit this week and talking resolutions and I say that we're jumping |
| 0:49.7 | the gun because next week we'll actually get to our individual financial resolutions |
| 0:54.0 | across the entire industry-focused team but Todd and I thought that it would be fun |
| 0:58.1 | to do this first show on resolutions that we hope health care companies are making in 2017. |
| 1:04.0 | 2016 was a pretty brutal year to be a shareholder in many health care companies. |
| 1:09.0 | The biotech sector is measured by the IBB, it was down 18% and there were plenty of |
| 1:14.5 | individual companies as well across the entire health care spectrum that |
| 1:17.7 | blood even worse than that. So it's a new year Todd do you think they're going |
| 1:21.7 | to turn around? It's all it's. Todd, do you think they're going to turn around? |
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