TITLE

Schering's 'R&D Day' For Skeptical Analysts

AUTHOR(S)
Abrams, Sandra Lea
PUB. DATE
November 2005
SOURCE
Investment Dealers' Digest;11/7/2005, Vol. 71 Issue 42, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Schering-Plough has held what it called an "R&D day" for investment analysts at its Kenilworth, New Jersey, headquarters to inform them about its profit outlook for the next two years and prospects for new drugs. The pharmaceutical firm revealed that it plans to pursue in-licensing of drugs from other companies and acquisitions of other companies. However, drugs in the pipeline will only reach the commercial stage for at least another two or three years.
ACCESSION #
18784804

 

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