Healthcare: Will Shire Be Bought Out? Plus, Alkermes Suffers a Setback
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 4 April 2018
⏱️ 21 minutes
🧾️ Download transcript
Summary
Takeda may buy Shire, but it might prove costly. Also, the FDA slaps Alkermes with a dreaded Refusal to File letter.
Transcript
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| 0:18.0 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day. |
| 0:24.6 | We're talking about health care today, April 4th. |
| 0:27.0 | My name is Christine Hargis and one of the Motley Fool's expert health care contributors |
| 0:30.6 | Todd Campbell is joining me on the phone. What's going on Todd? |
| 0:33.4 | Hi Christine how are you today? I am doing great I'm about to head on vacation tomorrow so |
| 0:39.4 | today is my Friday. Oh fantastic that sounds like a lot of fun you can do |
| 0:44.8 | somewhere nice and sunny? Hopefully I've been seeing in the forecast a lot of |
| 0:49.0 | rain for California and Hawaii which are the two places that I'm going to but I'm hoping it's temporary rain where maybe it's a couple of rain drops at like |
| 0:57.7 | 4 p.m. But the rest of the day sunshine. We'll see you'll bring the sunshine wherever you go, right? I hope so. That certainly hasn't been the case in Alexandria lately, but that's okay. |
| 1:08.0 | Well, that's typical for April, right? Yeah, April showers. Anywho. So, so... Exactly. Japanese drugmaker |
| 1:16.7 | Takeda announced on Monday that they're looking at buying rival Shire sending shares |
| 1:21.4 | of Shire higher and to Kata lower is a very typical acquisition |
| 1:26.0 | announcement reaction. |
| 1:28.2 | Although this wasn't quite an announcement yet that the acquisition is happening, it's |
| 1:32.1 | just an announcement that they're thinking |
... |
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