Catherine Arnold

We think the downside risk here is modest. Merck has fundamental challenges ahead based on its base business. We really read more

We think the downside risk here is modest. Merck has fundamental challenges ahead based on its base business. We really concluded the stock is trading incorporating these items.

The U.S. case is more important because of the economic implications. [The U.K. ruling] is a nice psychological boost, but read more

The U.S. case is more important because of the economic implications. [The U.K. ruling] is a nice psychological boost, but you can't extrapolate the U.S. ruling from this because of the different legal standards.

We just can't get there. Maybe they see something we don't see.

We just can't get there. Maybe they see something we don't see.

This is half the savings that Pfizer achieved with its recently announced program.

This is half the savings that Pfizer achieved with its recently announced program.

The U.S. case is more important because of the economic implications, ... a nice psychological boost but you can't extrapolate read more

The U.S. case is more important because of the economic implications, ... a nice psychological boost but you can't extrapolate the U.S. ruling from this because of the different legal standards.