The top line hasn't knocked your socks off, but certainly they've been good at controlling expenses.
More Quotes from Albert Rauch:
Those are two big things to overcome and basically have double-digit growth when you experience that type of generic competition.Albert Rauch
It certainly looks like Clark is willing to make tough decisions. I think eliminating 11 percent of the company is a big, major step for them. It will be really hard to maintain the corporate culture with so many positions being eliminated.
Albert Rauch
Each time they win, the stock will go up and each time they lose, it will go down, ... But this verdict shows that Merck's strategy of using solid science and medical information to defend themselves can work in certain situations.
Albert Rauch
The best defense against generic competition is innovation, because you don't have to worry so long as you come up with an innovative product that antiquates your older product, ... You can replace your own products before generic competition comes out.
Albert Rauch
If you acquire a company, you acquire all the expenses of the company. But if you sign a license, you can use cash on your balance sheet instead of your income statement.
Albert Rauch
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