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Vijay Bhagavath of Deutsche Bank asks about gross margins and OpEx for the rest of the year. CFO Neil Dougherty said $KEYS does not see any fundamental drivers that would drive a meaningful shift in gross margins moving forward. He added that OpEx has been stable through 1H16 since the addition of Anite and the company expects it to move forward.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.