1 Blockbuster Challenge for Drug Stocks
Jul 25th 2012 9:24PM
Updated Jul 25th 2012 9:28PM
The following video is from today's MarketFoolery podcast, in which host Chris Hill, along with Charly Travers, Jason Moser, and Joe Magyer, discuss the latest business news. Shares of Eli Lilly finished up nearly 3% after second-quarter earnings came in better than expected. The drugmaker also raised guidance for the full year. But with some of its key drugs about to come off patent, does Eli Lilly have enough in the pipeline to keep shareholders happy? Is the era of blockbuster drugs over for the likes of big drug companies like Pfizer and Bristol-Myers Squibb? In this segment, the guys analyze the challenge for the big drug companies as well as for smaller ones like Elan.
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The article 1 Blockbuster Challenge for Drug Stocks originally appeared on Fool.com.Chris Hill owns shares of Johnson & Johnson and Pfizer. The Motley Fool owns shares of Johnson & Johnson. Motley Fool newsletter services have recommended buying shares of Johnson & Johnson and Pfizer and creating a diagonal call position in Johnson & Johnson. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days. The Motley Fool has a disclosure policy.
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