Merck Foundation Launches Five-Year Initiative to Reduce Disparities in HIV Care for Vulnerable and Underserved Southeastern US Communities.
Janssen Announces U.S. FDA Breakthrough Therapy Designation for Investigational Prophylactic Vaccine for the Prevention of Respiratory Syncytial Virus in Older Adults Leiden, The Netherlands, September 3, 2019 –.
European Commission Approves Merck’s KEYTRUDA® (pembrolizumab) in Combination with Inlyta® (axitinib) as First-Line Treatment for Patients with Advanced Renal Cell Carcinoma (RCC).
It is my view that Biotech companies and the people who are creating these new medicines are the “Champions of the World”. However, in the new USA political world truth and reason are hidden by the fog of the www.Biotech-Wars.com. And, unfortunately the fog is getting thicker as the 2020 election gets closer and it appears that biotech companies remain politicos favorite target. I am also realizing that positive medical news today seems irrelevant from a political perspective as biotech companies remain vilified no matter their product development success. For both 2018 and so far in 2019 new product development success has been phenomenal and still the biotech sector remains under attack from politicos?! And I believe biotech companies will fight the politicos who attack them now. We will see. The positive messaging needs to come from them for now.
Both the news media and the political messaging are increasingly biased one way or the other, it is at the point where you need to gain news from multiple sources in order to get a clearer/more accurate picture of the various situations.
Nevertheless, truth and reason will prevail as Biotech and Medtech companies succeed when they create great product and they must prove that their products can positively improve their patient populations. They either prove success or not, there is no middle ground. They have been making great product of late, irrespective of all the negative politico attacks on their business sector.
Recent Biotech Product Development Advances - 2019
So, what am I doing – I am increasing my long positions in the following companies all with strong dividends and great products = (PFE), (BMY), (MRK), (JNJ), (LLY), (AZN), (ABBV), (AMGN)