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SHP LN - Shire


tol1

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The name has popped up multiple times on my screens and the stock has lost 1/3 LTM.

 

Shire is a £28bn MC biotech company focused on rare diseases and trades at 7.9x '18 P/E. This is an industry I am not very familiar with, so I wanted to kick off the discussion.

 

SHP merged with Baxalta mid-2016 and the deal (economics) have been critized at the time. Keen to hear why the stock trades where it does.

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