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Jeome Smith's Resignation

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Contributor
Does anybody have an idea if Jerome Smiths resignation could potentially have an effect on the supply agreement with Cipla India? I liked this share but I remain cautious...their products are mostly from one manufacturer. Could that pipeline start tightening up because of all of these developments??
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11 REPLIES 11
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New Contributor
The terms of supply agreement is not known to th market. Dont even know if its exists as a legal document. Jerome has the relationships with India. Wouldn'nt make sense for Cipla India to walk away from existing distribution channels.
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Super Contributor
Now, do you think Mr Smith is the only CEO plundering the shareholders funds...and then to challenge his dismissal and rationalize the crimes....he would also make a good president of some European country!
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Valued Contributor
terms of the cipla india/SA are not known but agree it is about 20% of cipla india business so unlikely they would walk away and transferring the deal to aspen or who ever not that quick an easy ..
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Super Contributor
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Super Contributor
Gets worse, now we have Striker in Australia....contagion?
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Super Contributor
I feel pity for JustOneSlap is you are the CEO there
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Valued Contributor
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Super Contributor
More like a slap on the lap (lol)
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Contributor
I do not believe Cipla India will walk away. They make good money now, to stop that is silly. They may go with Jerome Smith if he starts a new company, but to setup infrastructure to continue Cipla India grow will take a number of years.
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Contributor
I do not believe Cipla India will walk away. They make good money now, to stop that is silly. They may go with Jerome Smith if he starts a new company, but to setup infrastructure to continue Cipla India grow will take a number of years.
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Highlighted
Contributor
I do not believe Cipla India will walk away. They make good money now, to stop that is silly. They may go with Jerome Smith if he starts a new company, but to setup infrastructure to continue Cipla India grow will take a number of years.
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