Since there has been so many bad news for pharmaceutical companies for a while, I feel that there stocks may come to some historical low now. I started watching the news from this industry closely to look for a bargain time.
Today I got this news sent to my email: Lilly Receives FDA Approval For Antidepressant For Dogs.
My glasses literally fell down off my nose. I know that dogs get sick too, I know that dogs sometimes look sad too, but I do not know that they are “depressed” too. How do they diagnose a dog to be “depressed”? I guess some dogs become “suicidal” too? Where do dogs get prescription? From a psychiatrist, or from a veterinarian?
This is a great new market for anti-depressant producers. If dogs can be depressed, so can cats, birds… any pets. How many pets do we have in this country?
Maybe time to buy these stocks?