USA's largest Business SectorThe US healthcare sector is worth $3.2 Trilion or about 18 % of the GDP.
It remains the fastest growing sector due to demographics and expanding wealth.
CXR will have net sales of $1.35 billion in 2016 and will generate Ebitda of $875 million or about $16 per fd share ( all numbers in C$ ).
No other pharma trades at such a low multiple.
Peer multiples suggest a fair value of $125 per share.
We shall get there..