Botox

Looking Good: Allergan Gets the Vision Thing Right

It leads in eye health care and controls Botox, two sure growth areas

 
You can make a lot of money investing in health care stocks—but only if you focus on those that tap into long-term trends. These are the ones that will see their revenues and profits soar year after year.
 
For instance, don’t buy a drug company whose main product line is antibiotics, no matter how vital and life-saving, because people use antibiotics only for those short periods when they are sick, and there’s no reason to think there will be a great and steady surge in their use. Instead, find a company that makes the drugs that people use chronically, day in and day out, and that ever larger numbers of people will be demanding.
 
Two of the surest long-term health-related trends are rising longevity—i.e., an aging population—and, sad to say, obesity. People are living longer, and they’re getting fatter. As we explain below, these trends, together, relate to a third trend: the fast-growing incidence of eye disease. Drug companies with a franchise in the eye health area will have many years of torrid growth ahead.
Read more...