In the aftermath of RFK Jr's appointment as the extremely influential secretary of Health and Human Services, a position which determines the fate of trillions in government spending, pharma stocks - especially those with a vaccine bent - have gotten crushed.
But the plunge in pharma shareholder value is just the first casualty of RFK Jr's arrival.
By now, everyone knows that just as there is nobody more powerful and influential than the pharma lobby in DC, so there is no industry more generous in its mass influence peddling, pardon ad spend, on major TV networks than pharma companies. And with the coming great winter for peddlers of legalized drugs and untested mRNA therapies, the biggest losers after the pharma universe itself will be those to whom said universe used to spend billions to buy influence.
Who is most exposed? For the answer we go to a report from Morgan Stanley analyst Cameron McVeigh (available to pro subscribers) who notes that "network TV and cable news networks, which skew to older demos, benefit from pharma ad spend."
Here are his main takeaways:
Existing regulations requiring significant risk discussions (fair balance) in ads have left pharma advertising heavily dependent on national TV advertising.
Third party data suggests 88% of pharma ad spend is still TV compared to just 8% digital. Pharma ad spend is roughly 7% of total US ad spend.
Among media companies, MS sees the highest exposure to pharma spending on TV (<5% of total rev) at FOX, Paramount and AMC Networsk. Morgan Stanley would expect significant healthcare and media industry pushback to any proposed or enacted changes to pharma ad spend. Starting at the top, here is the punchline: 88% of all Pharma ad budget targets traditional TV.
The Russians are like the yanks, okay with war so long as it's far away, but they go mental when you start hitting the important people. It'd be hilarious if Ukraine 911s Russia or something like that.
The following users say it would be alright if the author of this
post didn't die in a fire!
Originally posted by Jiggaboo_Johnson
Again tough love…if you care about bradders you'll be kicking his ass and telling him to get his fucking shit together and stop CONTINUALLY sabotaging himself.
He's too old to be fucking around now…another 5yrs and no one is gonna give him a chance when his work history is "Well I worked at a gas station for 5 months in 2022 but got fired for jerking off in the cooler".
If you can get a year's work experience somewhere, even if it's not a great employer, you can trade up easy enough. People care about your previous job, no one cares about the job you had (or didn't have) before that.
The following users say it would be alright if the author of this
post didn't die in a fire!
Originally posted by Jiggaboo_Johnson
I may have mentioned this before, I forget.
A guy at work was going around a few weeks ago showing everyone one of those texts from Trump…he seriously thought Donald Trump was texting him personally…naturally everyone ridiculed him and rightly so.
'MURICA.
I miss when Donald Trump used to post on this forum.
The following users say it would be alright if the author of this
post didn't die in a fire!
Originally posted by Elbow
Sure, sure, the media has called it. It's not over until the Democrats win though.
This is correct. Kamala can still win. She is luring the Trump tards into a false sense of complacency. When they have all gathered and revealed themselves the Space Force will swoop down and arrest them all for domestic insurrection.
The following users say it would be alright if the author of this
post didn't die in a fire!
Karmala is just going to wind up memory-holed, isn't she? She's probably the biggest fuck up I can ever remember seeing in politics. It is utterly bizarre she was ever allowed run and it wasn't someone like Gretchen Whitmer.
The following users say it would be alright if the author of this
post didn't die in a fire!
They way they pretend Trump personally is checking the lists and sending the messages makes me laugh, but if I had my phone blowing up like that all the time from unwanted SMSes I'd be climbing the sheds next to a Trump rally too.
The following users say it would be alright if the author of this
post didn't die in a fire!
Consider that when you drink out of a plastic water bottle you can still slightly taste the plastic.
Plastic leaches bisphenols and phtalates. Bisphenols and phtalates are known xenoextrogens and interfere with hormone production, especially testosterone production.
"why do all the young guys in industrialised societies in 2024 look like endocrinology patients?"
The following users say it would be alright if the author of this
post didn't die in a fire!
Yahoo did more cultural vandalism than ISIS when they deleted Geocities. There were a lot of amazing, significant and valuable pages and information there.
The following users say it would be alright if the author of this
post didn't die in a fire!
The following users say it would be alright if the author of this post didn't die in a fire!
