Market Update
Unemployment fall10000 to 278 000
ECB keeps the key interest rate unchanged.
Euro has very low rate inflation
Comcast: service providers slipping: Obama urge FCC to adopt net neutrality
Alibaba:
Stock price up to 120(most because of bachelor’s day). Sales volume reached 9B
Tmall recently began allowing foreign brands to reach Chinese consumers directly through its network
Kate Spade:
Shares up 15.7% last Thursday on strong third quarter earning result
Net sales grew by 30%
Strength: notable ROE, revenue growth and good cash flow from operations
Weakness: higher debt management risk
Yahoo:
To acquire video advertising company Brightroll for $640 million
Combine yahoo’s premium desktop and mobile video adverting inventory with Brightroll’s platform
Healthcare industry
Government spending out of total GDP increases rapidly in recent 30 years
$8508 personal spending on health care in 2013
Hospital mergers can lead to price increases of up to 20.3%
Enter barriers: new drug development; demand for doctors; build a new hospital
FDA: New Drug Development Process: an average of 12 years
More joint hospital overseas
4 concerns: aging population and chronic diseases; cost and quality; access to cares; technology
Numerous digital and e-health/data initiatives are gaining critical mass
Stock Pitch
DXCM
A leading company of glucose Mortaring
1999- Founded
2005- IPO ON NASDAQ
Product:
Ambulatory product line
In- Hopspital Product Line
Others
Market opportunities:
Diabetes
Importance of Glucose Monitoring
Limitations of Existing Glucose Monitoring Products
Strategy:
Research
Technology
Direct Sales
Partnership
Coverage Policies
Broad Use
Customer Service
Regulation
FDA
Fraud and Abuse Laws NAD other Compliance Requirement
International Regulations
Risk
Net loss
Research
Acquisitions
Sales
Competitors
Roche Disetronic
LifeScan, Inc.
Bayer Corporation
News
FDA Approves Dexcom Share
Collaboration with Animas AND Tandem
Wearable Device (corporation with Apple)