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CSL's Swiss drug punt looks like a bad trip

CSLโ€™s Swiss expedition risks derailing its winning streak. The $99 billion Australian flu-jab maker is in talks to buy Vifor Pharma for around $7 billion, according to Australian media. The targetโ€™s sickly share price makes the pounce timely, although the returns look paltry unless Chief Executive Paul Perreault can unearth lots of synergies. A looming patent expiry for one of Viforโ€™s key drugs adds to the unknowns.
United States City Of United Kingdom Paul Perreault Ed Cropley Vifor Pharma

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