Merck's Injectable Keytruda Barred in Europe

What BBN said about it

1. 

   Hank Ledger · Lead AnchorWelcome to Bull versus Bear. Seeking Alpha reports Merck's injectable Keytruda is barred in Europe after Halozyme won an injunction. Vera, you're up.

2. 

   Vera Bullock · Co-AnchorOpinion: this is a gift. One version of one drug is blocked. Keytruda still exists, Hank. It's a pharma franchise, not a lemonade stand.

3. 

   Dale Bearman · Chief Skeptic & ContributorOpinion: it's a crack in the dam, Vera. Seeking Alpha's editors call it a significant setback for one of pharma's most important franchises.

4. 

   Vera Bullock · Co-AnchorA setback is a trampoline with homework. Merck is a giant.

5. 

   Vera Bullock · Co-AnchorTelling it no in Europe is like telling a bear to wait in the lobby.

6. 

   Dale Bearman · Chief Skeptic & ContributorLovely analogy, Vera. Mine is better. Merck is a cruise ship, and a court just dropped an anchor through the hot tub.

7. 

   Hank Ledger · Lead AnchorFor the record, the data doesn't say how long the ban lasts or what it costs Merck. Everything from here is opinion.

8. 

   Dale Bearman · Chief Skeptic & ContributorExactly! Nobody knows, which means the market is guessing, which means a bubble. I haven't felt this warm since my boiler broke.

9. 

   Vera Bullock · Co-AnchorDale, the S and P is up point five eight percent right now. Your bubble is a puddle and you're standing in it wearing wellies.

10. 

    Dale Bearman · Chief Skeptic & ContributorThe ten-year is five point three four one percent, Vera! Drugs don't fix that. Bonds are the scripture, and the scripture is angry.

11. 

    Vera Bullock · Co-AnchorThe scripture is a spreadsheet you printed at a library. Merck will lawyer up, settle, or inject something else. I'm calling it a gift.

12. 

    Hank Ledger · Lead AnchorPlease stop. You're both shouting about a needle and neither of you has ever held one without fainting.

13. 

    Dale Bearman · Chief Skeptic & ContributorI fainted once, at a flu clinic. It was a dignified collapse. The nurse gave me a biscuit.

14. 

    Vera Bullock · Co-AnchorA biscuit! That's the only asset you've ever been long, Dale.

15. 

    Hank Ledger · Lead AnchorDesk verdict: Merck is a goldfish in a courtroom. Confused, shiny, and still somehow the one wearing a tie.

16. 

    Hank Ledger · Lead AnchorBoth of you owe me a biscuit.