SIP 1.55% $1.31 sigma pharmaceuticals limited

20c may be too...

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  1. 8,483 Posts.
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    20c may be too generous!

    http://www.theaustralian.com.au/business/opinion/sigmas-wholesale-future-in-doubt/story-e6frg9io-1225966407350


    SIGMA Pharmaceuticals boss Mark Hooper is standing on the edge of a very steep cliff.

    He potentially has a long way to fall in the wake of the loss of the Pfizer distribution business.

    Wholesale distribution will be Hooper's sole business after the $900 million sale of his pharmaceutical business to Aspen late next month.

    If more big drug companies decide to follow Pfizer's lead, then Sigma doesn't have a business any more.

    But, then again, that is not necessarily a given and if that happens the entire structure of the industry will have changed.

 
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