RE:RE:vrx is on solid groundOld management (ie Pearson) messed it up. Papa is a different CEO. He is more focus on building great relationship with doctors, hospitals, patients and congress.
Biggest concerns people have right now
1. big debt
2. on going investigation
3. growth
Papa understands the issues well. He and the new management has a plan to address each one.
VRX has the framework (ie...leading brands/franchises, positive cash flow, good revenue, a lot of drugs in the pipeline). Papa has already form commitee to address the congress's concern (ie. patient accessing the drugs).
I believe Papa has the experience to will turn VRX back to investable grade again. Need to give him time to execute.