













































E Squared Quoted in Publications:
August 2023 - CNBC
“Everybody will sell first and ask questions later with PBM stocks”
https://www.youtube.com/watch?v=WlG2QD07tF0
March 2023 - CNBC
“E Squared’s Les Funtleyder lays out the health-stocks to watch”
https://www.cnbc.com/video/2023/03/30/investment-in-procedural-medical-devices-is-safer-for-valuation-says-e-squareds-les-funtleyder.html
October 2022 - CNBC
“Biotech is going to have a hard time until the end of rate cycle”
https://www.youtube.com/watch?v=D1RhTEt885g
August 2022 - CNBC
“I’m not sure we know which health care companies will negotiate prices, says E Squared’s Funtleyder”
https://www.cnbc.com/video/2022/08/08/im-not-sure-we-know-which-health-care-companies-will-negotiate-prices-says-e-squareds-funtleyder.html
July 2022 - CNBC
“Don't rule out a summer rally for Biotech”
https://www.youtube.com/watch?v=zkDT4hvEVqc&t=1s
April 2022 - CNBC
“Health care has more pricing power because demand is inelastic”
https://www.youtube.com/watch?v=boPbBURhHNo
July 2019 - S&P Global
“AbbVie-Allergan tie-up has biopharma industry searching for next megadeal”
https://www.spglobal.com/marketintelligence/en/news-insights/trending/imKp_CAjKGvlZCSsou94sQ2
May 2019 - PharmExec
“Impact Investing and R&D”
http://www.pharmexec.com/impact-investing-and-rd
April 2019 - Indianapolis Business Journal
“Lilly bets billions on focus on cancer drugs”
https://www.ibj.com/articles/73388-lilly-bets-billions-on-focus-on-cancer-drugs
March 2019 - New York Times
“Centene to Buy WellCare for $15.3 Billion, Creating Health Care Giant”
https://www.nytimes.com/2019/03/27/business/dealbook/centene-wellcare-affordable-care-act.html
January 2019 - CNBC
“Israeli company that claims cure for cancer would face years of testing ahead for US market — even if it works”
January 2019 - CNBC
“Bristol-Myers Squibb’s $74 billion acquisition of Celgene would combine two troubled companies”
October 2018 - Business Insider
“'Everybody's going to have a lot of losers': Most biotech investors are getting burned even as fledgling companies are raising money hand-over-fist”
https://www.businessinsider.com/how-biotech-ipos-have-performed-2018-10
July 2018 - In Vivo
“Cancer Vaccines: Is There A Future Beyond Trial And Error?”
July 2018 - CNBC
“When analysts say sell, it’s time to buy – at least in biotech, new report shows”
https://www.cnbc.com/2018/07/02/when-analysts-say-sell-a-biotech-stock-its-time-to-buy.html
June 2018 - Forbes
Demand For Gene Therapies To Prompt Surge In Pharma M&A
June 2018 - Wall Street Journal
“China’s Investors Pour Into Western Biotech Startups”
https://www.wsj.com/articles/chinas-investors-pour-into-western-biotech-startups-1528968601
June 2018 - Insurance News Net
“Anthem’s Drug Unit Off To A Bumpy Start”
https://insurancenewsnet.com/oarticle/anthems-drug-unit-off-to-a-bumpy-start#.XRVfkohKiUl
May 2018 - Reuters
“Trump drug-pricing speech adds dose of uncertainty for healthcare investors”
May 2018 - CNBC
“Here’s what to expect when Trump outlines his policy to bring down drug prices”
https://www.cnbc.com/2018/05/06/health-care-trump-set-to-unveil-drug-price-policy.html
March 2018 - Reuters
“In broad healthcare bets, small stocks favored over large”
December 2017 - New York Times
“Drug Company Under Fire After Revealing Dengue Vaccine May Harm Some”
https://www.nytimes.com/2017/12/17/health/sanofi-dengue-vaccine-philippines.html
December 2017 - Indianapolis Business Journal
“All eyes on Anthem after CVS megadeal”
https://www.ibj.com/articles/66622-all-eyes-on-anthem-after-cvs-megadeal
November 2017 - PharmExec
“Pharm Exec's 2018 Pipeline Report”
http://www.pharmexec.com/pharm-execs-2018-pipeline-report
September 2017 - Indianapolis Business Journal
“Animal-health biz Elanco under the weather; Lilly won't rule out spinoff”
August 2017 - CNBC
“Trump doesn’t ‘know the facts’ when he says Merck is shipping jobs overseas”
https://www.cnbc.com/2017/08/15/merck-jobs-trump-has-facts-wrong-about-shipping-overseas.html
May 2017 - Indianapolis Business Journal
“Anthem abandons battle for Cigna after court deals blow to deal”
https://www.ibj.com/articles/63819-anthem-abandons-battle-for-cigna-after-court-deals-blow-to-deal
December 2016 - PharmExec
“Investing in Africa: How to Do It Right”
http://www.pharmexec.com/investing-africa-how-do-it-right
December 2016 - St. Louis Post-Dispatch
Johnson & Johnson questions fairness of hip implant trial, $1 billion verdict
November 2016 - PBS
“This Trump-in-law may lose millions if Obamacare is repealed”
https://www.pbs.org/newshour/health/trump-law-may-lose-millions-obamacare-repealed
September 2016 - Reuters
“Pfizer decides against split-up; more deals seen likely”
August 2016 - New York Times
“Abbott’s No Good, Very Bad M&A Week”
https://www.nytimes.com/2016/08/27/business/dealbook/abbotts-no-good-very-bad-ma-week.html
June 2016 - CNBC
“A $2.7 billion bet that Obamacare is never going away”
https://www.cnbc.com/2016/06/16/oscar-may-be-obamacares-biggest-casualty.html
April 2016 - New York Times
“Valeant Pharmaceuticals Files Overdue U.S. 2015 Financial Report”
April 2016 - Reuters
“Pfizer, Allergan scrap $160 billion deal after U.S. tax rule change”
https://www.reuters.com/article/us-allergan-m-a-pfizer-idUSKCN0X3188
January 2016 - Chicago Tribune
“Baxalta signs deal with Danish company, won't comment on takeover by Shire”
December 2015 - Reuters
“New blood thinner 'antidote' to help doctors move past warfarin”
October 2015 - International Business Time
“Pfizer (PFE) - Allergan PLC (AGN) Merger: Why Are Pharmaceutical Companies So Eager To Make Deals?”
October 2015 - Chicago Tribune
“Turning around Baxter: A huge challenge for the new CEO”
https://www.chicagotribune.com/business/ct-baxter-ceo-plan-1101-biz-20151030-story.html
October 2015 - Chicago Tribune
“Competition springing up for Humira, AbbVie's hot-selling drug”
https://www.chicagotribune.com/business/ct-humira-under-threat-10151-biz-20151014-story.html
September 2015 - Business Insider
“Here are the 6 reasons why prescription drugs are so expensive”
https://www.businessinsider.com/ap-multiple-factors-cause-high-prescription-drug-prices-in-us-2015-9
August 2015 - Chicago Tribune
“Abbott shopping, but not for St. Jude”
https://www.chicagotribune.com/business/ct-humira-under-threat-10151-biz-20151014-story.html
July 2015 - CNBC
“Obamacare sparks health insurance megamergers”
https://www.cnbc.com/2015/07/06/obamacare-sparks-health-insurance-megamergers.html
May 2015 - Reuters
“Fight over hot new cholesterol drugs may be won in milligrams”
https://www.reuters.com/article/us-heart-cholesterol-dose-insight/fight-over-hot-new-cholesterol-drugs-may-be-won-in-milligrams-idUSKBN0OB0AV20150526
February 2015 - Reuters
“Pfizer to buy Hospira for $15 billion to bolster hospital products”
September 2014 - Global News
“Pfizer targeting women with new Viagra campaign”
https://globalnews.ca/news/1589555/pfizer-targeting-women-with-new-viagra-campaign/
September 2014 - CNBC
“Waksal brothers reunite in ImClone 2.0”
https://www.cnbc.com/2014/09/25/waksal-brothers-reunite-in-imclone-20.html
September 2014 - CNBC
“Banned ImClone founder plans IPO for new venture”
https://www.cnbc.com/2014/09/24/sam-waksal-plans-ipo-for-new-biotech-company.html