Where the Money Is 11.05.2014
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 5 November 2014
⏱️ 15 minutes
🧾️ Download transcript
Summary
Healthcare earnings season rolls on as David Williamson and Michael Douglass continue coverage on major healthcare stocks.
Transcript
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| 0:00.0 | CVS throws down the gauntlet and health care earnings roll on because this is where the money is. |
| 0:05.0 | Hi fools, welcome to the Wednesday Health Care Edition of where the money is. |
| 0:12.0 | I'm David Williamson and I'm joined by my fellow health care |
| 0:13.7 | of where the money is. I'm David Williamson and I'm joined by my fellow health care |
| 0:14.5 | analyst in arms Michael Douglas Michael how are you doing? |
| 0:17.0 | Fantastic. Are you surviving earning season? |
| 0:19.0 | Well more or less. Our desk is still completely cluttered with papers, just different earnings reports |
| 0:26.0 | as we try to pour through it, give you the most up-to-date news and analysis on these stocks. |
| 0:31.8 | Speaking about news though, we should touch on I guess the big |
| 0:35.5 | headline that I saw you know Eli Lilly and Takeda lost a lawsuit they were hit |
| 0:41.2 | with nine billion dollars in punitive damages over |
| 0:44.9 | actos which is to Cada's drug to cada bore the brunt of that right turns out on |
| 0:50.0 | appeal not really as bad for those two companies. |
| 0:53.3 | It's been knocked from 9 billion down to 36.8 million, |
| 0:59.5 | which is like a 99% reduction. |
| 1:02.1 | 99.6% actually rounds up to 100. |
| 1:05.0 | Actually, Takeda said it's not good enough and they are going to... |
| 1:08.0 | Really? |
| 1:09.0 | Yeah, they said it's not good enough, we're still going to appeal. |
| 1:11.0 | And I'm just like okay I don't I don't even |
| 1:15.2 | know what to say about that it was about 8,000 cases here in the US something like that |
| 1:19.2 | it'll be interesting to follow the bulk of that still I believe falls on to Kata but |
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