PFE - GlaxoSmithKline: 'Future Ready' For Genomic Medicine
- The largest pharmaceutical companies in the world are restructuring. Biopharma represents a far more valuable future than growth-dilutive consumer health revenues.
- GSK cleared room for next generation oncology cellular medicines by selling their prior portfolio to Novartis. This provided capital to invest in new approach R&D and supply chain technology.
- GSK is currently a buy based upon a sub-teen earnings multiple, dividend payout ratio and 5.4% yield while waiting for investments in genomic medicine to bear fruit.
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GlaxoSmithKline: 'Future Ready' For Genomic Medicine