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Matt Miksic of UBS asked about the additional days in orthopedics in the US. $JNJ said that the additional days were 2.5 days & outside US it was about 1.5 day avg. Looking at the underlying growth in orthopedics for last 2 quarters, taking out additional shipping days there was sequential improvement across hips, knees, spine, & trauma worldwide.
$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.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?