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MarketFoolery

The Lollipop War Has Begun

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 21 March 2019

⏱️ 18 minutes

🧾️ Download transcript

Summary

Biogen falls 30% after halting trials for its Alzheimer’s drug. Healthcare analyst (and Industry Focus host) Shannon Jones discusses potential next moves for the suddenly-embattled pharmaceutical company. CVS starts selling cannabis products in eight states. Plus, a federal judge sides with the maker of Dum Dum lollipops in a battle against Tootsie Roll.

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Transcript

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0:00.0

Thanks to LinkedIn for supporting this episode of Market Foolery.

0:02.3

LinkedIn Jobs makes it easy to get matched with quality candidates who make the most

0:07.2

sense for your role. Post a job today at LinkedIn.com slash fool and get $50 off your first job post.

0:15.0

It's Thursday, March 21st.

0:18.0

Welcome to Market Fuller.

0:19.0

I'm Chris Hill joining me in studio.

0:21.0

It's industry focus host Shannon Jones. Thanks for being here.

0:25.6

I am so excited to be here especially on today Chris Hill. Thank you for having me

0:30.6

today. We've got a legal battle in the candy industry. We've got

0:36.5

CVS experimenting with cannabis. Those take a backseat to the story of the day and

0:41.5

this is why for those who are wondering

0:44.3

well why is Shannon Jones on because you know she has her own show that she's busy

0:48.2

hosting every Wednesday hosting the health care show on industry focus and it's because that from time to time

0:55.3

the news fairy shows up and every once in a while the news fairy shows up with

1:00.5

news that makes someone in my position go, oh, it's not just that we need to talk

1:05.2

about this, we need a specific person to talk about this.

1:09.5

And when I walked over to Shannon's desk this morning, she turned around and looked at me and said,

1:16.5

I think I know why you're here. You're here because of BioGen.

1:20.6

That's right. Today's story is all about Biogen. That's right.

1:22.8

Today's story is all about biogen and what I can I think comfortably say is the biggest

1:28.0

most anticipated binary event in biotech for 2019.

1:32.4

We didn't think we would get data from biogen on their Alzheimer's

...

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