TheStreet.com RealMoney

Pharma Companies Get a Jolt of Cash

By Jim Cramer

About this article:
Join Jim Cramer, Doug Kass, Helene Meisler and other RealMoney pros at TheStreet.com Investment Conference on "Best Ideas to Make Real Money." Save the date: Saturday, May 2! More details here. Look at that money flowing out of Genentech and into the other high-growth health care companies. Look at the money flowing into Celgene or into Abbott and into Amgen and Biogen. Even Gilead is barely down despite the CV Therapeutics deal. This is $193 billion in health care deals in the last few weeks! That's a lot of cash to come back in! This is the wonder of excess cash, of money from the sidelines that comes back in, except that this time the sidelines are the drug money that wants pharma growth, and the above companies all have it. Plus, we are getting a face on the enemy: It is Henry Waxman -- again -- and...

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