Comments on: Will Andreotti Merge Bristol-Myers Squibb?

By: pharmavet

pharmavet — Thu, 04 Mar 2010 19:34:41 +0000

Hello, is anybody awake out there? These guys are brought in BECAUSE they are takeover specialists. Just google “Chainsaw” Al Dunlap, Fred Hasssan, etc. This is the perfect setup for ex Lilly man Jim Cornelius to now work behind the scenes to work a merger with Lilly and keep his hands clean. No doubt in my mind whatsoever this will happen in 2010. The only sticking point will be dealing with Indiana’s anti hostile takeover laws once the will of the shareholders has been made known.

By: Former Big Pharma

Former Big Pharma — Thu, 04 Mar 2010 15:46:32 +0000

Absolutely! It’s the only way for Big pharma to make huge gobs of money for their top executives! Laying off thousands of employees and shutting down multiple sites at your own company just doesn’t generate the big bucks anymore. Therefore, merge with another company and double the cuts and the money for the big shots.

By: doc

doc — Thu, 04 Mar 2010 03:00:12 +0000

Just don’t see any way BMY can go it alone, the Plavix cliff will not be offset to any significant degree by the “string of pearls”, then Abilify goes not too long after Plavix. Major headcount reductions, could hold merger at bay for a while, but eventually Lamberto will most likely need to merge.