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0.000474618241848985 0.000474618241848985 0.000831200990507663 0.00206355757325629 -1.40321914981394E-05 0.00619067271976888 0.00586050350804782 0.00140321914981429
Stock impact report

Big Pharma's next entrant could come from China [Yahoo! Finance]

Merck & Company, Inc. (new) (MRK) 
Last merck & company, inc. (new) earnings: 4/28 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.merck.com/home/default.aspx
Company Research Source: Yahoo! Finance
Chinese drugmakers have emerged from the shadows of large Western firms to become competitors, partners and innovators. Now, some analysts say they're poised to take an even bigger leap on the global stage. “I see these companies as having the ability to become global, fully integrated biotech companies,” said Michael Rome, managing director and head of the therapeutics investment team at Foresite Capital. While there's no strict definition for what constitutes a major international firm in the Big Pharma ranks, top companies typically share several traits, particularly on the revenue and sales side, Rome said. “When you get to the point where you're scaling over double-digit billions, and you have marketed products that are on their way to being multibillion-dollar products, by definition you're now becoming a larger player in the space,” he said. Chinese companies like Jiangsu Hengrui Pharmaceuticals are already checking some of those boxes. A rising tide Hengrui is one Show less Read more
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