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Concordia Healthcare Corp. > Does anyone have the link to this BNN video?

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Post by Health123on Oct 17, 2016 8:57pm

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Post# 25353815

Does anyone have the link to this BNN video?

Jerome Hass

Doesn’t think there is any probability of a recovery. It has a lot of issues
ahead of it. In the UK, the NHS tabled a bill that will essentially directly
affect the company in bringing down drug prices. In the last conference
call, they reduced their guidance significantly. Also, they are now starting
to get generic competition in the US, which was not foreseen. They have
a lot of debt, and it is not inconceivable they could go to zero.