Easy Choices in the Pharma Patch

The gradations are pretty stark in the pharmaceutical business. There's no-growth, and that most certainly characterizes Merck (MRK), which no one wants. There's high-growth, and that's Biogen Idec (BIIB), liked by all. Then there's low-growth-going-to-high-growth. That's Bristol-Myers Squibb (BMY), and that's the holy grail.

We're seeing Merck's true colors today. We're seeing a company that has lost its way, and that doesn't seem to have any real growth prospects, amid a pretty dramatic deceleration in core drugs like Januvia. We see a company for which we can say: A-ha, they laid off those 8,500 people earlier this month, and totally switched directions in moving its headquarters to Summit, N.J., after spending a ton to make it the locus of the entire worldwide operations....267 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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