Albert Rauch Quotes (11 Quotes)

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.

It is still too early to know if (Merck) will be able to win cases on a consistent basis,

Near-term it's a positive for Lilly and will make it easier for Wyeth because they won't have someone launching right in front of them.

Their revenues were slightly light.

Those are two big things to overcome and basically have double-digit growth when you experience that type of generic competition.

If you've misjudged what's happened in '05, how can you give guidance for '06 and '07 with any confidence.

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.

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.

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.

The top line hasn't knocked your socks off, but certainly they've been good at controlling expenses.

This is most concerning as it's the third late-stage failure they've had in the past year.