The US crisis is distressing to me Pharma. I also expect to see vast swathes of true US bankruptcies (not just Chapter 11s) over the next 12-18 months.
Within the catastrophic mess, I see sales of look good/feel good products in the US (and globally) remaining reasonable sound. We all foresee further growth in on-line sales.
A few months ago a labourer said to me that people won't have much money in their pockets after this. I agreed. It may be timely for Advangen to consider some price point discounting (as needed) but otherwise it should be business as usual IMHO.
cheers
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