I think the failure of its Covid-19 treatment drug

来源: 2024-05-22 11:09:31 [博客] [旧帖] [给我悄悄话] 本文已被阅读:

Caused PFE type of decline in recent months. I don't hear any new drugs in the pipeline.

But I think the drop is overdone. With yield close to 5% and it is trading at 3x of trailing revenue instead of historical average of 3.5x, this could be set up for a rebound.