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October 15, 2025
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J&J have $59 billion inside comfortable firepower while you are Roche provides $sixty billion. Stifel’s study of your own better 18 pharmas are computed centered on EBITDA (money just before attention, fees, decline, and you may amortization) and you can things inside online financial obligation that will be adopted. Stifel describes “offer firepower” and “comfy firepower” considering computations away from EBITDA and you will web debt rates.
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