Merck and Pfizer: Thoughts on investing as a patriotic duty and market efficiency
aswathdamodaran.substack.com
We have an interesting long-term experiment in the making in the pharmaceutical business, as two of the largest players - Pfizer and Merck announced their plans for the future. Pfizer was the first up, announcing its plans to buy back stock and rein in R&D
Merck and Pfizer: Thoughts on investing as a patriotic duty and market efficiency
Merck and Pfizer: Thoughts on investing as a…
Merck and Pfizer: Thoughts on investing as a patriotic duty and market efficiency
We have an interesting long-term experiment in the making in the pharmaceutical business, as two of the largest players - Pfizer and Merck announced their plans for the future. Pfizer was the first up, announcing its plans to buy back stock and rein in R&D