MOJO, FOMO.
From memory. Much of this may be wrong. Can be easily fact-checked.
Merck to acquire Cidara Therapeutics for $9 billion in cash. Cidara Therapeutics with one asset.
Prior to announcement, Merck had $18 billion in cash; double what it had a year ago.
MRK:
- p/e = 13
- raised its dividend this most recent quarter
CD388: single-dose; last one full season; favorable results in phase 2b clinical studies; now undergoing phase 3 clinical studies
BARDA.
Ticker:
Six months:
Five years:
BARDA was developed using the DARPA model as a source of inspiration for its structure and mission, but with a focus on medical countermeasures instead of defense technology .
Both agencies are government entities that fund high-risk, high-reward research and development projects to create new capabilities, though BARDA is housed within the Department of Health and Human Services (HHS) and DARPA is within the Department of Defense.
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Movie Night
Film locations for Chinatown: link here.
Specifically interesting in San Pedro. Fermin Park. Walker's Cafe. Gaffey Street.
Google Gemini:
The movie Chinatown has held up remarkably well as a classic, with its status reaffirmed over 50 years after its release. Its brilliant script, masterful direction, and enduringly relevant themes of corruption and power continue to make it a compelling and effective thriller, though some elements have naturally dated.
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Disclaimer
Brief Reminder
Briefly:
- I am inappropriately exuberant about the Bakken and I am often well out front of my headlights. I am often appropriately accused of hyperbole when it comes to the Bakken.
- I am inappropriately exuberant about the US economy and the US market.
- I am also inappropriately exuberant about all things Apple.
- See disclaimer. This is not an investment site.
- Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
- All my posts are done quickly: there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.
- If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.
- Many posts are not proofread for several days after they've been posted.
- Reminder: I am inappropriately exuberant about the Bakken, US economy, and the US market.
- I am also inappropriately exuberant about all things Apple.
- And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia. Nvidia is a metonym for AI and/or the sixth industrial revolution.
- I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom.
- And Oracle.
- Longer version here.
