Alexion Pharmaceuticals - Appeal Increases, Not Pulling The Trigger Yet [Seeking Alpha]
Alexion Pharmaceuticals, Inc (ALXN)
Last alexion pharmaceuticals, inc earnings: 1/30 06:30 am
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US:NASDAQ Investor Relations:
ir.alexion.com/investor-relations
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Source: Seeking Alpha
Alexion Pharmaceuticals - Appeal Increases, Not Pulling The Trigger YetSummaryAlexion Pharmaceuticals continues to make progress, but the process is slow.10% sales growth and very modest progress in diversifying away from Soliris makes investors cautious.While shares are down 50% from the 2015 highs and growth is set to continue, I am still cautious given the elevated sales multiple, reliance on Soliris and pipeline gaps.
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