{"id":1933,"date":"2022-08-15T09:41:45","date_gmt":"2022-08-15T00:41:45","guid":{"rendered":"https:\/\/1up-life.blog\/?p=1933"},"modified":"2022-08-17T21:55:02","modified_gmt":"2022-08-17T12:55:02","slug":"%e3%83%ad%e3%82%a4%e3%83%a4%e3%83%ab%e3%83%86%e3%82%a3%e3%83%bb%e3%83%95%e3%82%a1%e3%83%bc%e3%83%9e-rprx-2022%e5%b9%b4%e7%ac%ac2%e5%9b%9b%e5%8d%8a%e6%9c%9f%e6%b1%ba%e7%ae%97%e8%aa%ac%e6%98%8e","status":"publish","type":"post","link":"https:\/\/1up-life.blog\/?p=1933","title":{"rendered":"\u30ed\u30a4\u30e4\u30eb\u30c6\u30a3\u30fb\u30d5\u30a1\u30fc\u30de (RPRX )2022\u5e74\u7b2c2\u56db\u534a\u671f\u6c7a\u7b97\u8aac\u660e\u4f1a"},"content":{"rendered":"<p>\u30ed\u30a4\u30e4\u30eb\u30c6\u30a3\u30fb\u30d5\u30a1\u30fc\u30de (RPRX )2022\u5e74\u7b2c2\u56db\u534a\u671f\u6c7a\u7b97\u8aac\u660e\u4f1a\u306e\u65e5\u672c\u8a9e\u8a33\u3067\u3059\u3002<\/p>\n<p>\u4eca\u56de\u3082\u826f\u3044\u6c7a\u7b97\u3067\u30ac\u30a4\u30c0\u30f3\u30b9\u306e\u4e0a\u65b9\u4fee\u6b63\u3082\u767a\u8868\u3055\u308c\u826f\u3044\u611f\u3058\u3067\u3059\u3002<\/p>\n<p>\u682a\u4fa1\u306f\u76f8\u5909\u308f\u3089\u305a\u3067\u3059\u304c\u597d\u6c7a\u7b97\u3092\u7d9a\u3051\u3066\u304a\u308a\u914d\u5f53\u3082\u3042\u308b\u306e\u3067\u6bd4\u8f03\u7684\u5b89\u5fc3\u3057\u3066\u6301\u3063\u3066\u3044\u3089\u308c\u307e\u3059\u3002<\/p>\n<div id=\"attachment_1934\" style=\"width: 1488px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1934\" class=\"wp-image-1934 size-full\" src=\"https:\/\/1up-life.blog\/wp-content\/uploads\/2022\/08\/RPRX_2022-08-15_09-35-38.png\" alt=\"\u30ed\u30a4\u30e4\u30eb\u30c6\u30a3\u30fb\u30d5\u30a1\u30fc\u30de (RPRX )\u682a\u4fa1\" width=\"1478\" height=\"816\" srcset=\"https:\/\/1up-life.blog\/wp-content\/uploads\/2022\/08\/RPRX_2022-08-15_09-35-38.png 1478w, https:\/\/1up-life.blog\/wp-content\/uploads\/2022\/08\/RPRX_2022-08-15_09-35-38-300x166.png 300w, https:\/\/1up-life.blog\/wp-content\/uploads\/2022\/08\/RPRX_2022-08-15_09-35-38-1024x565.png 1024w, https:\/\/1up-life.blog\/wp-content\/uploads\/2022\/08\/RPRX_2022-08-15_09-35-38-768x424.png 768w, https:\/\/1up-life.blog\/wp-content\/uploads\/2022\/08\/RPRX_2022-08-15_09-35-38-940x519.png 940w\" sizes=\"auto, (max-width: 1478px) 100vw, 1478px\" \/><p id=\"caption-attachment-1934\" class=\"wp-caption-text\">\u30ed\u30a4\u30e4\u30eb\u30c6\u30a3\u30fb\u30d5\u30a1\u30fc\u30de (RPRX )\u682a\u4fa1<\/p><\/div>\n<p>\u524d\u56de\u306e<a href=\"https:\/\/1up-life.blog\/?p=1452\">2022\u5e74\u7b2c1\u56db\u534a\u671f\u6c7a\u7b97\u8aac\u660e\u4f1a\u306f\u3053\u3061\u3089<\/a>\u3067\u3059\u3002<\/p>\n<p class=\"hh hh3 main-bdr\"><span class=\"big\"><strong>\u30ed\u30a4\u30e4\u30eb\u30c6\u30a3\u30fb\u30d5\u30a1\u30fc\u30de (RPRX )2022\u5e74\u7b2c2\u56db\u534a\u671f\u6c7a\u7b97\u8aac\u660e\u4f1a<\/strong><\/span><\/p>\n<p>Call participants:<br \/>\nGeorge Grofik &#8212; Head of Investor Relations and Communications<br \/>\nPablo Legorreta &#8212; Founder and Chief Executive Officer<br \/>\nMarshall Urist &#8212; Executive Vice Presdent, Head of Research and Investments<br \/>\nTerry Coyne &#8212; Executive Vice President, Chief Financial Officer<br \/>\nChris Shibutani &#8212; Goldman Sachs &#8212; Analyst<br \/>\nChris Schott &#8212; J.P. Morgan &#8212; Analyst<br \/>\nTerence Flynn &#8212; Morgan Stanley &#8212; Analyst<br \/>\nAndrew Baum &#8212; Citi &#8212; Analyst<br \/>\nSteve Scala &#8212; Cowen and Company &#8212; Analyst<br \/>\nChris Hite &#8212; Vice Chairman<br \/>\nGeoff Meacham &#8212; Bank of America Merrill Lynch &#8212; Analyst<br \/>\nMike DiFiore &#8212; Evercore ISI &#8212; Analyst<br \/>\nAshwani Verma &#8212; UBS &#8212; Analyst<br \/>\nMore RPRX analysis<\/p>\n<p>2022\u5e7408\u670804\u65e5 \u5348\u524d8\u664200\u5206<\/p>\n<p>\u30aa\u30da\u30ec\u30fc\u30bf\u30fc<\/p>\n<p>\u7686\u69d8\u3001\u304a\u5f85\u305f\u305b\u3044\u305f\u3057\u307e\u3057\u305f\u3002\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u30fb\u30d5\u30a1\u30fc\u30de\u306e\u7b2c 2 \u56db\u534a\u671f\u6c7a\u7b97\u8aac\u660e\u4f1a\u306b\u3088\u3046\u3053\u305d\u3002\u305d\u308c\u3067\u306f\u3001SVP\u3001IR\u30fb\u30b3\u30df\u30e5\u30cb\u30b1\u30fc\u30b7\u30e7\u30f3\u62c5\u5f53\u306e\u30b8\u30e7\u30fc\u30b8\u30fb\u30b0\u30ed\u30d5\u30a3\u30c3\u30af\u306b\u96fb\u8a71\u3092\u304a\u7e4b\u304e\u3057\u305f\u3044\u3068\u601d\u3044\u307e\u3059\u3002\u3069\u3046\u305e\u3088\u308d\u3057\u304f\u304a\u9858\u3044\u3057\u307e\u3059\u3002<\/p>\n<p>\u30b8\u30e7\u30fc\u30b8\u30fb\u30b0\u30ed\u30d5\u30a3\u30c3\u30af &#8212; \u6295\u8cc7\u5bb6\u5411\u3051\u5e83\u5831\u6d3b\u52d5\u8cac\u4efb\u8005<\/p>\n<p>\u304a\u96fb\u8a71\u3092\u3044\u305f\u3060\u3044\u3066\u3044\u308b\u7686\u69d8\u3001\u304a\u306f\u3088\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u30fb\u30d5\u30a1\u30fc\u30de\u306e2022\u5e74\u7b2c2\u56db\u534a\u671f\u6c7a\u7b97\u306e\u30ec\u30d3\u30e5\u30fc\u306b\u3054\u53c2\u52a0\u3044\u305f\u3060\u304d\u3001\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u5f53\u793e\u306e\u696d\u7e3e\u304c\u8a18\u8f09\u3055\u308c\u305f\u30d7\u30ec\u30b9\u30ea\u30ea\u30fc\u30b9\u3068\u3001\u3053\u306e\u30b3\u30fc\u30eb\u306e\u30b9\u30e9\u30a4\u30c9\u306f\u3001\u5f53\u793e\u30a6\u30a7\u30d6\u30b5\u30a4\u30c8\u306e\u6295\u8cc7\u5bb6\u5411\u3051\u30da\u30fc\u30b8\uff08royaltypharma.com\uff09\u3067\u3054\u89a7\u3044\u305f\u3060\u3051\u307e\u3059\u3002\u30b9\u30e9\u30a4\u30c9 3 \u306b\u79fb\u308a\u307e\u3059\u3002<br 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&#8212; \u30a4\u30f3\u30d9\u30b9\u30bf\u30fc\u30fb\u30ea\u30ec\u30fc\u30b7\u30e7\u30f3\u30ba\uff06\u30b3\u30df\u30e5\u30cb\u30b1\u30fc\u30b7\u30e7\u30f3\u90e8\u9577<\/p>\n<p>\u305d\u308c\u3067\u306f\u3001\u8cea\u554f\u3092\u304a\u53d7\u3051\u3057\u307e\u3059\u3002\u30aa\u30da\u30ec\u30fc\u30bf\u30fc\u3001\u6700\u521d\u306e\u8cea\u554f\u3092\u304a\u9858\u3044\u3057\u307e\u3059\u3002<\/p>\n<p class=\"hh hh6 main-c main-bdr\"><span class=\"big\"><strong>\u8cea\u7591\u5fdc\u7b54<\/strong><\/span><\/p>\n<p>\u30aa\u30da\u30ec\u30fc\u30bf\u30fc<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002[\u6700\u521d\u306e\u8cea\u554f\u306f\u30b4\u30fc\u30eb\u30c9\u30de\u30f3\u30fb\u30b5\u30c3\u30af\u30b9\u306e\u30af\u30ea\u30b9\u30fb\u30b7\u30d6\u30bf\u30cb\u304b\u3089\u3067\u3059\u3002\u7d9a\u3051\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n<p class=\"hh hhq\">\u30af\u30ea\u30b9\u30fb\u30b7\u30d6\u30bf\u30cb &#8212; 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\u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u304a\u306f\u3088\u3046\u3054\u3056\u3044\u307e\u3059\u3001\u305d\u3057\u3066\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u30b3\u30e1\u30f3\u30c8\u3092\u66f4\u65b0\u3057\u3066\u3044\u305f\u3060\u304d\u3001\u307e\u305f\u3001\u7d99\u7d9a\u7684\u306a\u9032\u5c55\u306b\u304a\u3081\u3067\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u30022\u3064\u307b\u3069\u7c21\u5358\u306a\u8cea\u554f\u3092\u3055\u305b\u3066\u304f\u3060\u3055\u3044\u30021\u3064\u306f\u3001Trelegy\u3078\u306e\u6295\u8cc7\u306b\u7d9a\u3044\u3066\u3001IPO\u4ee5\u67652\u756a\u76ee\u3068\u306f\u8a00\u308f\u306a\u3044\u307e\u3067\u3082\u3001\u3088\u308a\u5927\u898f\u6a21\u306a\u6295\u8cc7\u306e1\u3064\u3060\u3068\u601d\u3044\u307e\u3059\u304c\u3001\u4eca\u5e74\u4e2d\u306b\u3055\u3089\u306a\u308b\u53d6\u5f15\u3092\u884c\u3046\u80fd\u529b\u3078\u306e\u5f71\u97ff\u306b\u3064\u3044\u3066\u30b3\u30e1\u30f3\u30c8\u3044\u305f\u3060\u3051\u307e\u3059\u304b\uff1f\u6b21\u306b\u3001Marshall\u3055\u3093\u3001\u7c73\u56fd\u306e\u85ac\u4fa1\u5236\u5ea6\u6539\u9769\u306b\u3064\u3044\u3066\u7a4d\u6975\u7684\u306b\u8a00\u53ca\u3055\u308c\u3066\u3044\u308b\u3053\u3068\u306b\u611f\u8b1d\u3057\u307e\u3059\u3002<\/p>\n<p>\u6b21\u306b\u3001Marshall\u3001\u7c73\u56fd\u306e\u85ac\u4fa1\u5236\u5ea6\u6539\u9769\u306b\u95a2\u3059\u308b\u30b3\u30e1\u30f3\u30c8\u306b\u3064\u3044\u3066\u3001\u7a4d\u6975\u7684\u306b\u8a00\u53ca\u3057\u3066\u3044\u305f\u3060\u304d\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u7279\u306b\u3001\u4f4e\u5206\u5b50\u5316\u5408\u7269\u3068\u751f\u7269\u5b66\u7684\u88fd\u5264\u306e\u8010\u4e45\u6027\u3068\u6bd2\u6027\u306e\u6642\u9593\u8ef8\u306e\u9055\u3044\u306b\u3001\u696d\u754c\u306f\u6ce8\u76ee\u3057\u3066\u3044\u308b\u3088\u3046\u3067\u3059\u3002\u305d\u308c\u304c\u3069\u306e\u3088\u3046\u306b\u5b9a\u7fa9\u3055\u308c\u308b\u306b\u305b\u3088\u3001\u6295\u8cc7\u5224\u65ad\u306b\u3069\u306e\u3088\u3046\u306a\u5909\u5316\u3092\u3082\u305f\u3089\u3059\u304b\u306b\u3064\u3044\u3066\u3001\u3055\u3089\u306b\u3054\u610f\u898b\u3092\u304a\u805e\u304b\u305b\u3044\u305f\u3060\u3051\u307e\u3059\u3067\u3057\u3087\u3046\u304b\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p class=\"hh hha\">Pablo Legorreta &#8212; \u5275\u696d\u8005\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005<\/p>\n<p>\u3054\u8cea\u554f\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u304a\u805e\u304d\u3057\u3066\u3088\u304b\u3063\u305f\u3067\u3059\u3002\u30de\u30fc\u30b7\u30e3\u30eb\u306b\u5f15\u304d\u7d99\u3050\u524d\u306b\u3001\u3061\u3087\u3063\u3068\u3060\u3051\u3002<\/p>\n<p>\u3054\u5b58\u77e5\u306e\u3088\u3046\u306b\u3001\u79c1\u306f\u79c1\u305f\u3061\u306e\u6226\u7565\u306e\u67f1\u3092\u8aac\u660e\u3057\u307e\u3057\u305f\u3002\u305d\u3057\u3066\u3001\u3053\u306e\u30d3\u30b8\u30cd\u30b9\u304c\u539f\u52d5\u529b\u3068\u306a\u308a\u3001\u4eca\u5f8c\u3082\u975e\u5e38\u306b\u5927\u304d\u306a\u6210\u9577\u3092\u3082\u305f\u3089\u3059\u3068\u601d\u3046\u306e\u306f\u3001\u76ee\u306e\u524d\u306b\u3042\u308b\u5408\u6210\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u306e\u6a5f\u4f1a\u304c\u975e\u5e38\u306b\u5927\u304d\u3044\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3053\u3068\u306b\u7591\u3044\u306e\u4f59\u5730\u306f\u306a\u3044\u3068\u601d\u3044\u307e\u3059\u3002\u30d0\u30a4\u30aa\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u696d\u754c\u306f\u3001\u6280\u8853\u9769\u65b0\u3092\u7d9a\u3051\u308b\u305f\u3081\u306b\u975e\u5e38\u306b\u591a\u984d\u306e\u8cc7\u91d1\u3092\u5fc5\u8981\u3068\u3057\u3066\u3044\u307e\u3059\u3002\u5f53\u793e\u306f\u3001\u3053\u306e\u3088\u3046\u306a\u4f01\u696d\u306e\u30d1\u30fc\u30c8\u30ca\u30fc\u3068\u3057\u3066\u3001\u975e\u5e38\u306b\u5275\u9020\u7684\u306a\u65b9\u6cd5\u3067\u4f01\u696d\u3068\u5354\u50cd\u3059\u308b\u65b9\u6cd5\u3092\u898b\u3064\u3051\u51fa\u3057\u3066\u304d\u307e\u3057\u305f\u3002<\/p>\n<p>\u4f8b\u3048\u3070\u3001\u3053\u306e\u4f1a\u793e\u306b\u3068\u3063\u3066\u7406\u60f3\u7684\u306a\u65b0\u3057\u3044\u4e0a\u5e02\u8cc7\u91d1\u3068\u958b\u767a\u8cc7\u91d1\u306e\u4ed5\u7d44\u307f\u304c\u3042\u308a\u307e\u3059\u3002\u305d\u306e\u7d50\u679c\u3001\u5e74\u95936\u4ef6\u3001\u3042\u308b\u3044\u306f\u305d\u308c\u4ee5\u4e0a\u3001\u3042\u308b\u3044\u306f\u305d\u308c\u4ee5\u4e0b\u306e\u53d6\u5f15\u306e\u6838\u3068\u306a\u308a\u3001\u975e\u5e38\u306b\u5b89\u5b9a\u3057\u305f\u8cc7\u672c\u5c55\u958b\u304c\u53ef\u80fd\u306b\u306a\u308b\u306f\u305a\u3067\u3059\u3002\u3068\u3044\u3046\u306e\u3082\u3001\u30a4\u30ce\u30d9\u30a4\u30d0\u3001\u30bb\u30e9\u30f4\u30a1\u30f3\u30b9\u3001\u30b0\u30e9\u30af\u30bd\u306e\u3088\u3046\u306a\u591a\u69d8\u306a\u95a2\u4fc2\u8005\u3092\u5171\u901a\u306e\u76ee\u7684\u3092\u6301\u3063\u3066\u307e\u3068\u3081\u3001\u305d\u308c\u305e\u308c\u306e\u7570\u306a\u308b\u30e2\u30c1\u30d9\u30fc\u30b7\u30e7\u30f3\u3084\u76ee\u6a19\u3092\u672c\u5f53\u306b\u4e00\u81f4\u3055\u305b\u308b\u3053\u3068\u304c\u3044\u304b\u306b\u8907\u96d1\u3067\u3001\u975e\u5e38\u306b\u96e3\u3057\u3044\u304b\u3068\u3044\u3046\u3053\u3068\u306b\u3001\u4eba\u3005\u306f\u76ee\u3092\u5411\u3051\u3066\u3044\u306a\u3044\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3002\u3057\u304b\u3057\u3001\u79c1\u305f\u3061\u306f\u5fcd\u8010\u5f37\u304f\u3001\u3053\u306e\u65b9\u6cd5\u3092\u898b\u3064\u3051\u51fa\u3057\u3001\u305d\u306e\u7d50\u679c\u3001\u3053\u306e\u5206\u91ce\u3067\u6700\u3082\u5f37\u529b\u306a\u4f01\u696d\u304c\u8ca9\u58f2\u3059\u308b\u4e3b\u8981\u88fd\u54c1\u306b\u3064\u3044\u3066\u3001\u304b\u306a\u308a\u9b45\u529b\u7684\u306a\u5927\u578b\u53d6\u5f15\u3092\u5b9f\u73fe\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u305f\u306e\u3067\u3059\u3002<\/p>\n<p>\u3053\u308c\u306b\u306f\u975e\u5e38\u306b\u6e80\u8db3\u3057\u3066\u3044\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u3053\u306e\u3088\u3046\u306a\u53d6\u5f15\u306f\u3001M&amp;A\u306e\u3088\u3046\u306b\u591a\u984d\u306e\u8cc7\u91d1\u3092\u6295\u5165\u3059\u308b\u6a5f\u4f1a\u3092\u3055\u3089\u306b\u4e0e\u3048\u3066\u304f\u308c\u308b\u3067\u3057\u3087\u3046\u3002\u305d\u306e\u305f\u3081\u3001\u79c1\u305f\u3061\u306f\u6b21\u306e\u6570\u5e74\u9593\u306b\u3064\u3044\u3066\u30ac\u30a4\u30c0\u30f3\u30b9\u3092\u51fa\u3057\u3066\u3044\u307e\u3059\u3002\u3053\u306e\u696d\u754c\u306f\u307e\u3055\u306b\u9ec4\u91d1\u671f\u3092\u8fce\u3048\u3066\u304a\u308a\u3001\u79c1\u305f\u3061\u306f\u3053\u3053\u3067\u975e\u5e38\u306b\u91cd\u8981\u306a\u5f79\u5272\u3092\u679c\u305f\u3057\u3066\u3044\u308b\u306e\u3067\u3059\u3002<\/p>\n<p>\u3067\u306f\u3001Marshall\u304b\u3089\u304a\u9858\u3044\u3057\u307e\u3059\u3002<\/p>\n<p class=\"hh hha\">\u30de\u30fc\u30b7\u30e3\u30eb\u30fb\u30a6\u30ea\u30b9\u30c8 &#8212; \u30a8\u30b0\u30bc\u30af\u30c6\u30a3\u30d6\u30fb\u30d0\u30a4\u30b9\u30d7\u30ec\u30b8\u30c7\u30f3\u30c8\u3001\u30ea\u30b5\u30fc\u30c1\uff06\u30a4\u30f3\u30d9\u30b9\u30c8\u30e1\u30f3\u30c8\u90e8\u9580\u9577<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3001\u30d1\u30d6\u30ed \u3053\u3093\u306b\u3061\u306f\u3001\u30af\u30ea\u30b9 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class=\"hh hha\">\u30c6\u30ea\u30fc\u30fb\u30b3\u30a4\u30f3 &#8212; 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&#8212; \u30b4\u30fc\u30eb\u30c9\u30de\u30f3\u30fb\u30b5\u30c3\u30af\u30b9 &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u7d20\u6674\u3089\u3057\u3044\u3002\u30b3\u30e1\u30f3\u30c8\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>\u904b\u55b6\u62c5\u5f53\u8005<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u3054\u8cea\u554f\u306f\u5c11\u3005\u304a\u5f85\u3061\u304f\u3060\u3055\u3044\u3002\u6b21\u306e\u8cea\u554f\u306fJP\u30e2\u30eb\u30ac\u30f3\u306e\u30af\u30ea\u30b9\u30fb\u30b7\u30e7\u30c3\u30c8\u304b\u3089\u3067\u3059\u3002<\/p>\n<p>\u7d9a\u3051\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n<p class=\"hh hhq\">Chris Schott &#8212; J.P.\u30e2\u30eb\u30ac\u30f3 &#8212; 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Legorreta\uff09 &#8212; \u5275\u696d\u8005\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005<\/p>\n<p>\u30af\u30ea\u30b9\u3001\u8cea\u554f\u3092\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u30c6\u30ea\u30fc\u3055\u3093\u3001\u91d1\u5229\u306e\u8cea\u554f\u3001\u305d\u308c\u304b\u3089\u30de\u30fc\u30b7\u30e3\u30eb\u3055\u3093\u3001\u30bf\u30a4\u30b5\u30d6\u30ea\u306e\u8cea\u554f\u3092\u304a\u9858\u3044\u3057\u307e\u3059\u3002<\/p>\n<p class=\"hh hha\">\u30c6\u30ea\u30fc\u30fb\u30b3\u30a4\u30f3 &#8212; 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30a4\u30e4\u30ea\u30c6\u30a3\u30fb\u30d5\u30a1\u30fc\u30de\u306b\u3068\u3063\u3066\u306f\u7d20\u6674\u3089\u3057\u3044\u6295\u8cc7\u3068\u306a\u308a\u307e\u3057\u305f\u3002<\/p>\n<p>\u307e\u305f\u3001\u30d0\u30a4\u30aa\u30b7\u30df\u30e9\u30fc\u533b\u85ac\u54c1\u306e\u4e0a\u5e02\u304c\u3042\u3063\u3066\u3082\u3001\u30bf\u30a4\u30b5\u30d6\u30ea\u304c\u56de\u5fa9\u529b\u3092\u6301\u3064\u7406\u7531\u306f\u3044\u304f\u3064\u3082\u3042\u308b\u3068\u8003\u3048\u3066\u3044\u307e\u3059\u3002<\/p>\n<p class=\"hh hha\">Pablo Legorreta &#8212; \u5275\u696d\u8005\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005<\/p>\n<p>\u88fd\u9020\u304c\u96e3\u3057\u3044\u306e\u3067\u3059\u3002\u307e\u305f\u3001\u79c1\u305f\u3061\u306f\u6570\u5e74\u524d\u30014\u30015\u5e74\u524d\u306b\u3001\u5b9f\u969b\u306b\u3053\u306e\u88fd\u54c1\u3092\u958b\u767a\u3057\u3001\u30e9\u30a4\u30bb\u30f3\u30b9\u3092\u53d7\u3051\u305f\u30c1\u30fc\u30e0\u306b\u4f1a\u3063\u3066\u3044\u307e\u3059\u3002\u3067\u3059\u304b\u3089\u3001\u79c1\u305f\u3061\u306f\u3053\u306e\u72b6\u6cc1\u3092\u3088\u304f\u7406\u89e3\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u30b8\u30e7\u30fc\u30b8\u30fb\u30b0\u30ed\u30d5\u30a3\u30c3\u30af &#8212; \u30a4\u30f3\u30d9\u30b9\u30bf\u30fc\u30fb\u30ea\u30ec\u30fc\u30b7\u30e7\u30f3\u30ba\uff06\u30b3\u30df\u30e5\u30cb\u30b1\u30fc\u30b7\u30e7\u30f3\u90e8\u9577<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u30aa\u30da\u30ec\u30fc\u30bf\u30fc\u3001\u6b21\u306e\u8cea\u554f\u3092\u3069\u3046\u305e\u3002<\/p>\n<p>\u30aa\u30da\u30ec\u30fc\u30bf\u30fc<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u3054\u8cea\u554f\u306f\u5c11\u3005\u304a\u5f85\u3061\u304f\u3060\u3055\u3044\u3002\u6b21\u306e\u8cea\u554f\u306f\u30e2\u30eb\u30ac\u30f3\u30b9\u30bf\u30f3\u30ec\u30fc\u8a3c\u5238\u306e\u30c6\u30ec\u30f3\u30b9\u30fb\u30d5\u30ea\u30f3\u6c0f\u304b\u3089\u3067\u3059\u3002\u3069\u3046\u305e\u3001\u304a\u9032\u307f\u304f\u3060\u3055\u3044\u3002<\/p>\n<p class=\"hh hhq\">\u30c6\u30ec\u30f3\u30b9\u30fb\u30d5\u30ea\u30f3 &#8212; \u30e2\u30eb\u30ac\u30f3\u30b9\u30bf\u30f3\u30ec\u30fc &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u7d20\u6674\u3089\u3057\u3044\u3002\u8cea\u554f\u3092\u53d7\u3051\u3066\u304f\u3060\u3055\u3063\u3066\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u79c1\u304b\u3089\u306f2\u3064\u3002\u30d0\u30a4\u30aa\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u304c\u58f2\u3089\u308c\u3066\u3044\u308b\u4e2d\u3067\u3001\u4eca\u5e74\u4e0a\u534a\u671f\u307e\u305f\u306f\u6628\u5e74\u4e0b\u534a\u671f\u3068\u6bd4\u8f03\u3057\u3066\u3001\u4e0b\u534a\u671f\u306f\u3069\u306e\u3088\u3046\u306a\u72b6\u6cc1\u306b\u3042\u308b\u306e\u304b\u3001\u6a5f\u4f1a\u3068\u3044\u3046\u89b3\u70b9\u304b\u3089\u3001\u30d5\u30a1\u30cd\u30eb\u306e\u6700\u4e0a\u90e8\u306b\u3064\u3044\u3066\u30b3\u30e1\u30f3\u30c8\u3092\u3044\u305f\u3060\u3051\u306a\u3044\u304b\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n<p>\u53ce\u76ca\u304c\u5897\u52a0\u3057\u3066\u3044\u308b\u306e\u304b\u3069\u3046\u304b\u3001\u6c17\u306b\u306a\u308b\u3068\u3053\u308d\u3067\u3059\u3002\u307e\u305f\u3001MorphoSys\u3084Trelegy\u306e\u3088\u3046\u306a\u5927\u578b\u6848\u4ef6\u306e\u5272\u5408\u306f\u3069\u306e\u7a0b\u5ea6\u3067\u3057\u3087\u3046\u304b\u3002\u305d\u308c\u304b\u3089\u30012\u3064\u76ee\u306e\u8cea\u554f\u306f\u30012022\u5e74\u306e\u30ac\u30a4\u30c0\u30f3\u30b9\u306b\u95a2\u3059\u308b\u3082\u306e\u3067\u3059\u3002\u30c6\u30ea\u30fc\uff1aTrelegy\u306e\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u306f\u3001\u4eca\u5e74\u306e\u7b2c3\u56db\u534a\u671f\u3068\u7b2c4\u56db\u534a\u671f\u306e\u58f2\u4e0a\u306b\u8ca2\u732e\u3059\u308b\u3068\u304a\u3063\u3057\u3083\u3063\u305f\u3068\u601d\u3044\u307e\u3059\u304c\u30017\u6708\u306b\u3053\u306e\u53d6\u5f15\u3092\u767a\u8868\u3055\u308c\u305f\u3068\u601d\u3046\u306e\u3067\u3001\u79c1\u304c\u305d\u308c\u3092\u6b63\u3057\u304f\u805e\u3044\u3066\u3044\u308b\u304b\u3069\u3046\u304b\u78ba\u8a8d\u3057\u305f\u3044\u306e\u3067\u3059\u304c\u3001\u3044\u304b\u304c\u3067\u3057\u3087\u3046\u304b\uff1f<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>Pablo Legorreta &#8212; \u5275\u696d\u8005\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005<\/p>\n<p>Terence\u3001\u8cea\u554f\u3092\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u30de\u30fc\u30b7\u30e3\u30eb\u3001\u30d5\u30a1\u30cd\u30eb\u306b\u3064\u3044\u3066\u306e\u8cea\u554f\u3092\u3069\u3046\u305e\u3002\u305d\u3057\u3066\u30c6\u30ea\u30fc\u3001\u30ac\u30a4\u30c0\u30f3\u30b9\u306b\u95a2\u3059\u308b\u8cea\u554f\u3092\u3069\u3046\u305e\u3002<\/p>\n<p class=\"hh hha\">\u30de\u30fc\u30b7\u30e3\u30eb\u30fb\u30a6\u30ea\u30b9\u30c8 &#8212; \u53d6\u7de0\u5f79\u526f\u793e\u9577\u3001\u8abf\u67fb\u30fb\u6295\u8cc7\u90e8\u9580\u9577<\/p>\n<p>\u306f\u3044\u3001\u30c6\u30ec\u30f3\u30b9\u3055\u3093\u3001\u304a\u306f\u3088\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u304a\u306f\u3088\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u30d5\u30a1\u30cd\u30eb\u306e\u30c8\u30c3\u30d7\u30fb\u30aa\u30d6\u30fb\u30b6\u30fb\u30d5\u30a1\u30cd\u30eb\u3067\u306f\u3001\u691c\u8a0e\u3057\u3066\u3044\u308b\u88fd\u54c1\u306e\u6570\u304c\u5897\u3048\u3066\u304a\u308a\u3001\u524d\u5e74\u6bd4\u3067\u898b\u3066\u3082\u3001\u4eca\u5e74\u306b\u5165\u3063\u3066\u304b\u3089\u306e\u65b0\u88fd\u54c1\u306e\u30da\u30fc\u30b9\u304b\u3089\u898b\u3066\u3082\u3001\u78ba\u5b9f\u306b\u52a0\u901f\u3057\u3066\u3044\u307e\u3059\u3002\u3053\u306e\u3053\u3068\u306f\u3001\u79c1\u305f\u3061\u304c\u8a00\u3063\u3066\u3044\u308b\u300c\u30d3\u30b8\u30cd\u30b9\u30c1\u30e3\u30f3\u30b9\u3078\u306e\u78ba\u4fe1\u300d\u3068\u300c\u76ee\u306b\u898b\u3048\u308b\u3082\u306e\u306e\u6570\u300d\u3092\u53cd\u6620\u3057\u3066\u3044\u308b\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n<p>\u4ee5\u524d\u304b\u3089\u7533\u3057\u4e0a\u3052\u3066\u3044\u308b\u3088\u3046\u306b\u3001\u79c1\u305f\u3061\u306e\u884c\u52d5\u898f\u7bc4\u3068\u6295\u8cc7\u30d7\u30ed\u30bb\u30b9\u306f\u5909\u308f\u308a\u307e\u305b\u3093\u3002\u3067\u3059\u304b\u3089\u3001\u79c1\u305f\u3061\u306f\u672c\u5f53\u306b\u30ef\u30af\u30ef\u30af\u3059\u308b\u3088\u3046\u306a\u3082\u306e\u3001\u6700\u9ad8\u306e\u3001\u305d\u3057\u3066\u6700\u3082\u91cd\u8981\u306a\u6a5f\u4f1a\u306b\u7126\u70b9\u3092\u5408\u308f\u305b\u3066\u3044\u304f\u3064\u3082\u308a\u3067\u3059\u3002\u3053\u308c\u306f\u9577\u5e74\u306b\u308f\u305f\u308b\u79c1\u305f\u3061\u306e\u6226\u7565\u3067\u3042\u308a\u3001\u6295\u8cc7\u6a5f\u4f1a\u304c\u5897\u3048\u3066\u3044\u308b\u73fe\u5728\u3067\u3082\u3001\u3053\u306e\u6226\u7565\u306f\u5909\u308f\u308a\u307e\u305b\u3093\u3002\u5927\u53e3\u53d6\u5f15\u306b\u95a2\u3059\u308b\u8cea\u554f\u3082\u3042\u308a\u307e\u3057\u305f\u3002<\/p>\n<p>\u79c1\u305f\u3061\u306f\u3001\u5e38\u306b\u591a\u304f\u306e\u5927\u578b\u6848\u4ef6\u3092\u8996\u91ce\u306b\u5165\u308c\u3066\u304a\u308a\u3001\u3055\u307e\u3056\u307e\u306a\u6bb5\u968e\u3067\u53d6\u308a\u7d44\u3093\u3067\u3044\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u4ee5\u524d\u306b\u3082\u7533\u3057\u4e0a\u3052\u305f\u3088\u3046\u306b\u3001\u5927\u898f\u6a21\u306a\u53d6\u5f15\u306f\u3001MorphoSys\u3084Pablo\u304cTrelegy\u306b\u3064\u3044\u3066\u8ff0\u3079\u305f\u3088\u3046\u306b\u3001\u3044\u3064\u3001\u3069\u306e\u7a0b\u5ea6\u306e\u30da\u30fc\u30b9\u3067\u767a\u751f\u3059\u308b\u304b\u3092\u4e88\u6e2c\u3059\u308b\u306e\u304c\u975e\u5e38\u306b\u96e3\u3057\u3044\u306e\u3067\u3059\u3002\u30e2\u30eb\u30d5\u30a9\u30b7\u30b9\u3084\u30d1\u30d6\u30ed\u304c\u8a71\u3057\u305f\u30c8\u30ec\u30b8\u30fc\u306e\u3088\u3046\u306b\u3001\u3053\u308c\u3089\u306e\u88fd\u54c1\u306b\u306f\u591a\u304f\u306e\u53ef\u52d5\u90e8\u54c1\u304c\u3042\u308a\u3001\u5b9f\u73fe\u3059\u308b\u305f\u3081\u306b\u306f\u8907\u6570\u306e\u3053\u3068\u304c\u5fc5\u8981\u3068\u306a\u308a\u307e\u3059\u3002\u3067\u3059\u304b\u3089\u3001\u79c1\u305f\u3061\u306f\u5f15\u304d\u7d9a\u304d\u3001\u3053\u308c\u3089\u306e\u5b9f\u73fe\u306b\u671f\u5f85\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u3057\u304b\u3057\u3001\u3044\u3064\u3001\u3069\u306e\u3088\u3046\u306a\u30da\u30fc\u30b9\u3067\u8d77\u3053\u308b\u304b\u3092\u6b63\u78ba\u306b\u8a00\u3046\u306e\u306f\u5e38\u306b\u96e3\u3057\u3044\u306e\u3067\u3059\u3002<\/p>\n<p>\u30c6\u30ea\u30fc\u30fb\u30b3\u30a4\u30f3 &#8212; \u30a8\u30b0\u30bc\u30af\u30c6\u30a3\u30d6\u30fb\u30d0\u30a4\u30b9\u30d7\u30ec\u30b8\u30c7\u30f3\u30c8\u3001\u30c1\u30fc\u30d5\u30fb\u30d5\u30a1\u30a4\u30ca\u30f3\u30b7\u30e3\u30eb\u30fb\u30aa\u30d5\u30a3\u30b5\u30fc<\/p>\n<p>\u30c8\u30ec\u30b8\u30fc\u306e\u4ef6\u3067\u3059\u304c\u3001\u305d\u306e\u3068\u304a\u308a\u3067\u3059\u3002\u3053\u306e\u88fd\u54c1\u306b\u3064\u3044\u3066\u306f\u3001\u4eca\u5e74\u306e\u7b2c3\u56db\u534a\u671f\u3068\u7b2c4\u56db\u534a\u671f\u306b\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u53ce\u5165\u3092\u8a08\u4e0a\u3059\u308b\u4e88\u5b9a\u3067\u3059\u3002<\/p>\n<p>\u30b8\u30e7\u30fc\u30b8\u30fb\u30b0\u30ed\u30d5\u30a3\u30c3\u30af\uff08George Grofik\uff09\uff1a\u6295\u8cc7\u5bb6\u5411\u3051\u5e83\u5831\u30fb\u30b3\u30df\u30e5\u30cb\u30b1\u30fc\u30b7\u30e7\u30f3\u90e8\u9577<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u30aa\u30da\u30ec\u30fc\u30bf\u30fc\u3001\u6b21\u306e\u8cea\u554f\u3092\u304a\u53d7\u3051\u3057\u307e\u3059\u3002<\/p>\n<p>\u30aa\u30da\u30ec\u30fc\u30bf\u30fc<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u3054\u8cea\u554f\u306f\u5c11\u3005\u304a\u5f85\u3061\u304f\u3060\u3055\u3044\u3002\u6b21\u306e\u8cea\u554f\u306f\u30b7\u30c6\u30a3\u306e\u30a2\u30f3\u30c9\u30ea\u30e5\u30fc\u30fb\u30d0\u30a6\u30e0\u3055\u3093\u304b\u3089\u3067\u3059\u3002\u7d9a\u3051\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n<p class=\"hh hhq\">\u30a2\u30f3\u30c9\u30ea\u30e5\u30fc\u30fb\u30d0\u30a6\u30e0 &#8212; \u30b7\u30c6\u30a3 &#8212; 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class=\"hh hha\">Pablo Legorreta &#8212; \u5275\u696d\u8005\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005<\/p>\n<p>Trelegy\u3068Glaxo\u306e\u4e0a\u4f4d\u88fd\u54c1\u306b\u3064\u3044\u3066\u306e\u8cea\u554f\u306b\u304a\u7b54\u3048\u3057\u307e\u3059\u30022\u8005\u9593\u53d6\u5f15\u306f\u3001\u5229\u5bb3\u3092\u4e00\u81f4\u3055\u305b\u30012\u8005\u304c\u5229\u7528\u3057\u3084\u3059\u3044\u6761\u4ef6\u3092\u4ea4\u6e09\u3059\u308b\u306e\u304c\u96e3\u3057\u3044\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002\u4e09\u8005\u9593\u53d6\u5f15\u306f\u3082\u3063\u3068\u8907\u96d1\u3067\u3059\u3002\u4eca\u56de\u306e\u5834\u5408\u306f4\u8005\u9593\u53d6\u5f15\u3067\u3057\u305f\u3002<\/p>\n<p>\u79c1\u306f\u305d\u3093\u306a\u3053\u3068\u306f\u3057\u305f\u3053\u3068\u304c\u306a\u304b\u3063\u305f\u306e\u3067\u3059\u304c\u3001\u4f55\u3068\u304b\u3084\u308a\u9042\u3052\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3057\u305f\u3002\u4e00\u65b9\u306e\u5f53\u4e8b\u8005\u306e\u8a71\u3092\u805e\u3044\u3066\u3001\u305d\u306e\u52d5\u6a5f\u3084\u76ee\u6a19\u3092\u7406\u89e3\u3057\u3001\u305d\u308c\u3092\u51e6\u7406\u3057\u3001\u3082\u3046\u4e00\u65b9\u306e\u5f53\u4e8b\u8005\u306e\u8a71\u3092\u805e\u3044\u3066\u3001\u305d\u306e\u52d5\u6a5f\u3084\u95a2\u5fc3\u3092\u7406\u89e3\u3057\u3001\u3053\u3053\u306b\u4f55\u304b\u5171\u901a\u70b9\u304c\u306a\u3044\u304b\u3069\u3046\u304b\u3092\u898b\u6975\u3081\u3001\u4f55\u3068\u304b\u4e21\u8005\u306b\u3068\u3063\u3066\u3046\u307e\u304f\u3044\u304f\u3088\u3046\u306a\u3082\u306e\u3092\u307e\u3068\u3081\u4e0a\u3052\u308b\u306b\u306f\u3001\u5fcd\u8010\u529b\u3068\u95a2\u5fc3\u3068\u5275\u9020\u529b\u3092\u6301\u3063\u305f\u4eba\u304c\u5fc5\u8981\u3067\u3059\u3002\u305d\u3057\u3066\u30013\u4eba\u76ee\u3001\u3053\u306e\u5834\u5408\u306f\u5e02\u5834\u306e\u58f0\u306b\u8033\u3092\u50be\u3051\u308b\u306e\u3067\u3059\u3002\u305d\u3057\u3066\u3001\u3053\u308c\u3089\u3059\u3079\u3066\u3092\u3072\u3068\u3064\u306b\u307e\u3068\u3081\u308b\u306e\u3067\u3059\u3002<\/p>\n<p>\u3053\u308c\u306f\u7c21\u5358\u306a\u3053\u3068\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u975e\u5e38\u306b\u8907\u96d1\u306a\u3053\u3068\u3067\u3059\u304c\u3001\u79c1\u305f\u3061\u306f\u975e\u5e38\u306b\u6a5f\u654f\u3067\u3001\u898f\u6a21\u3082\u5c0f\u3055\u3044\u306e\u3067\u3001\u3053\u3046\u3057\u305f\u3053\u3068\u304c\u53ef\u80fd\u306a\u306e\u3067\u3059\u3002\u4f55\u5e74\u3082\u524d\u306b\u3001\u30e1\u30e2\u30ea\u30a2\u30eb\u30fb\u30b9\u30ed\u30fc\u30f3\u30fb\u30b1\u30bf\u30ea\u30f3\u30b0\u793e\u304b\u3089\u30ce\u30a4\u30dd\u30fc\u30b8\u30a7\u30f3\u3092\u8cb7\u53ce\u3057\u305f\u3068\u304d\u306e\u3053\u3068\u3092\u601d\u3044\u51fa\u3057\u307e\u3059\u304c\u3001\u5b9f\u969b\u306b\u306f2\u56de\u3042\u308a\u307e\u3057\u305f\u3002<\/p>\n<p>\u305d\u3057\u30662\u5ea6\u76ee\u306f\u3001\u30a8\u30e2\u30ea\u30fc\u5927\u5b66\u304b\u3089\u30c7\u30b7\u30bf\u30d3\u30f3\u306e\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u3092\u30ae\u30ea\u30a2\u30c9\u793e\u304b\u3089\u8cb7\u3044\u53d6\u308a\u307e\u3057\u305f\u3002\u30ae\u30ea\u30a2\u30c9\u306eCFO\u304c\u79c1\u7684\u306a\u4f1a\u8a71\u3067\u3001\u300c\u5927\u5b66\u306e\u4fdd\u6709\u8005\u304b\u3089\u76f4\u63a5\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u3092\u8cb7\u3046\u3060\u3051\u3067\u306f\u3001\u3053\u308c\u3089\u306e\u53d6\u5f15\u3092\u81ea\u5206\u305f\u3061\u3067\u884c\u3046\u3053\u3068\u306f\u3067\u304d\u306a\u304b\u3063\u305f\u3060\u308d\u3046\u300d\u3068\u8a00\u3063\u3066\u3044\u305f\u3053\u3068\u3092\u601d\u3044\u51fa\u3057\u307e\u3059\u3002\u305d\u306e\u7406\u7531\u306f\u3001\u53d6\u5f15\u4e2d\u3001\u4e00\u65b9\u306e\u5f53\u4e8b\u8005\u304c\u3001\u3082\u3046\u4e00\u65b9\u306e\u5f53\u4e8b\u8005\u306b\u3068\u3063\u3066\u53d7\u3051\u5165\u308c\u304c\u305f\u3044\u3053\u3068\u3092\u5951\u7d04\u306b\u6c42\u3081\u3066\u3001\u6697\u7901\u306b\u4e57\u308a\u4e0a\u3052\u305f\u3053\u3068\u304c\u3042\u3063\u305f\u304b\u3089\u3067\u3059\u3002\u305d\u3053\u3067\u79c1\u305f\u3061\u306f\u4e2d\u9593\u306b\u7acb\u3061\u3001\u305d\u308c\u305e\u308c\u306e\u5f53\u4e8b\u8005\u306b\u5bfe\u3057\u3066\u3001\u3053\u308c\u306f\u4e0d\u5408\u7406\u3060\u3001\u3053\u308c\u306f\u7b4b\u304c\u901a\u3089\u306a\u3044\u3001\u3068\u8a00\u3046\u3053\u3068\u304c\u3067\u304d\u307e\u3057\u305f\u3002<\/p>\n<p>\u3053\u308c\u306f\u7406\u5c48\u306b\u5408\u308f\u306a\u3044\u3002\u3053\u308c\u306f\u7406\u4e0d\u5c3d\u3060\u3001\u610f\u5473\u304c\u306a\u3044\u3002\u305d\u3057\u3066\u3001\u305d\u306e\u6642\u70b9\u304b\u3089\u3001\u5f7c\u3089\u306f\u96e2\u308c\u3066\u3044\u304f\u306e\u3067\u3059\u3002\u305d\u3057\u3066\u3001\u76f8\u624b\u5074\u306b\u3082\u540c\u3058\u3088\u3046\u306a\u3053\u3068\u3092\u3059\u308b\u306e\u3067\u3059\u3002<\/p>\n<p>\u305d\u3057\u3066\u3001\u57fa\u672c\u7684\u306b\u306f\u3001\u79c1\u304c\u8a00\u3063\u305f\u3088\u3046\u306b\u3001\u5f53\u6642\u306eGilead\u306eCFO\u306f\u3001\u81ea\u5206\u305f\u3061\u3067\u306f\u6c7a\u3057\u3066\u3067\u304d\u306a\u304b\u3063\u305f\u3060\u308d\u3046\u3068\u8a00\u3044\u307e\u3057\u305f\u3002\u305d\u3057\u3066\u3001\u305d\u308c\u3092\u5b9f\u73fe\u3067\u304d\u305f\u3053\u3068\u3001\u305d\u3057\u3066\u305d\u308c\u304c\u7686\u306e\u305f\u3081\u306b\u50cd\u3044\u305f\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002\u79c1\u305f\u3061\u306f\u3001\u3053\u306e\u3088\u3046\u306a\u8907\u96d1\u306a\u53d6\u5f15\u306b\u7406\u60f3\u7684\u306b\u9069\u3057\u3066\u3044\u308b\u306e\u3067\u3059\u3002\u305d\u308c\u3067\u306f\u3001\u3082\u3046\u3072\u3068\u3064\u306e\u8cea\u554f\u306b\u3064\u3044\u3066\u306f\u3001\u30de\u30fc\u30b7\u30e3\u30eb\u306b\u7b54\u3048\u3066\u3082\u3089\u3044\u307e\u3057\u3087\u3046\u3002<\/p>\n<p class=\"hh hha\">\u30de\u30fc\u30b7\u30e3\u30eb\u30fb\u30a6\u30ea\u30b9\u30c8 &#8212; \u30a8\u30b0\u30bc\u30af\u30c6\u30a3\u30d6\u30fb\u30d0\u30a4\u30b9\u30d7\u30ec\u30b8\u30c7\u30f3\u30c8\u3001\u30ea\u30b5\u30fc\u30c1\uff06\u30a4\u30f3\u30d9\u30b9\u30c8\u30e1\u30f3\u30c8\u90e8\u9580\u8cac\u4efb\u8005<\/p>\n<p>\u30a2\u30f3\u30c9\u30ea\u30e5\u30fc\u3001\u3044\u304f\u3064\u304b\u8cea\u554f\u304c\u3042\u308a\u307e\u3059\u306d\u3002\u3082\u3057\u79c1\u304c\u89e6\u308c\u3066\u3044\u306a\u3044\u3082\u306e\u304c\u3042\u308c\u3070\u3001\u6559\u3048\u3066\u304f\u3060\u3055\u3044\u3002\u6700\u521d\u306e\u8cea\u554f\u306f\u3001Trelegy\u306e\u4f7f\u7528\u671f\u9593\u3068\u3001\u3055\u307e\u3056\u307e\u306a\u30b3\u30f3\u30dd\u30fc\u30cd\u30f3\u30c8\u3084\u30c7\u30d0\u30a4\u30b9\u3092\u8003\u616e\u3057\u305f\u8907\u96d1\u3055\u306b\u3064\u3044\u3066\u3067\u3059\u3002<\/p>\n<p>\u3067\u3059\u304b\u3089\u3001IP\u306e\u5206\u6790\u306a\u3069\u306b\u3064\u3044\u3066\u306f\u3001\u305d\u308c\u307b\u3069\u8a73\u7d30\u306b\u306f\u89e6\u308c\u3066\u3044\u307e\u305b\u3093\u3002\u305f\u3060\u3001\u4e00\u822c\u7684\u306b\u306f2029\u5e74\u306e\u534a\u3070\u3001\u3064\u307e\u308a\u7c73\u56fd\u5916\u3067\u306f2029\u5e746\u670830\u65e5\u3001\u7c73\u56fd\u3067\u306f2030\u5e74\u672b\u3092\u60f3\u5b9a\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u3057\u304b\u3057\u3001\u5168\u4f53\u3068\u3057\u3066\u306f\u3001\u30c8\u30ec\u30b8\u30fc\u306e\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u304c\u3044\u3064\u307e\u3067\u7d9a\u304f\u304b\u3068\u3044\u3046\u3053\u3068\u306b\u3064\u3044\u3066\u306f\u3001\u6982\u306d\u3053\u306e\u3088\u3046\u306a\u4e88\u60f3\u306b\u306a\u3063\u3066\u3044\u308b\u3068\u601d\u3044\u307e\u3059\u3002\u3082\u30461\u3064\u306e\u8cea\u554f\u306f\u3001\u5927\u624b\u88fd\u85ac\u4f1a\u793e\u304c\u5408\u6210\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u3092\u4f7f\u7528\u3059\u308b\u7406\u7531\u3068\u3001\u4e2d\u5c0f\u4f01\u696d\u3068\u306e\u5354\u50cd\u306b\u3064\u3044\u3066\u3067\u3059\u3002\u3053\u308c\u306f\u3001\u5927\u4f01\u696d\u3068\u306e\u7814\u7a76\u958b\u767a\u63d0\u643a\u3092\u671f\u5f85\u3057\u3066\u3044\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3067\u3057\u3087\u3046\u304b\u3002\u3067\u3059\u304b\u3089\u3001\u79c1\u306f\u305d\u306e\u3088\u3046\u306b\u89e3\u91c8\u3057\u3066\u3044\u307e\u305b\u3093\u3002<\/p>\n<p>\u78ba\u304b\u306b\u3001\u4e2d\u5c0f\u306e\u30d0\u30a4\u30aa\u30d5\u30a1\u30fc\u30de\u3084\u65b0\u8208\u306e\u30d0\u30a4\u30aa\u30d5\u30a1\u30fc\u30de\u3068\u306e\u5408\u6210\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u306b\u3064\u3044\u3066\u3001\u591a\u304f\u306e\u8b70\u8ad6\u304c\u306a\u3055\u308c\u3066\u3044\u308b\u3068\u601d\u3044\u307e\u3059\u3002\u3053\u308c\u306f\u3001\u7d14\u7c8b\u306b\u5916\u90e8\u8cc7\u91d1\u8abf\u9054\u74b0\u5883\u306e\u5909\u5316\u3068\u3001\u305d\u3046\u3057\u305f\u4f01\u696d\u306e\u6570\u3092\u53cd\u6620\u3057\u3066\u3044\u308b\u306e\u3060\u3068\u601d\u3044\u307e\u3059\u3002\u305d\u3057\u3066\u3001\u305d\u306e\u3088\u3046\u306a\u4f01\u696d\u306e\u8cc7\u91d1\u8abf\u9054\u624b\u6bb5\u3068\u3057\u3066\u3001\u4f55\u5ea6\u3082\u304a\u8a71\u3057\u3057\u305f\u3088\u3046\u306b\u3001\u5408\u6210\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u304c\u91cd\u8981\u306a\u5f79\u5272\u3092\u679c\u305f\u3059\u3068\u8003\u3048\u3066\u3044\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u3060\u304b\u3089\u3068\u3044\u3063\u3066\u3001\u5927\u4f01\u696d\u3068\u306e\u63d0\u643a\u304c\u6211\u3005\u306e\u30d3\u30b8\u30cd\u30b9\u306e\u4e00\u90e8\u3067\u306a\u304f\u306a\u308b\u3068\u8003\u3048\u3066\u3044\u308b\u308f\u3051\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n<p>\u79c1\u305f\u3061\u306f\u3001\u3053\u306e\u70b9\u306b\u3064\u3044\u3066\u306f\u697d\u89b3\u7684\u3067\u3042\u308a\u7d9a\u3051\u307e\u3059\u3002\u79c1\u305f\u3061\u306f\u9ad8\u3044\u30cf\u30fc\u30c9\u30eb\u3092\u6301\u3063\u3066\u3044\u307e\u3059\u3057\u3001\u5927\u4f01\u696d\u304c\u4f55\u3092\u63d0\u643a\u3057\u305f\u3044\u306e\u304b\u3001\u79c1\u305f\u3061\u304c\u4f55\u3092\u3057\u305f\u3044\u306e\u304b\u3001\u305d\u308c\u3092\u3059\u308a\u5408\u308f\u305b\u3066\u6a5f\u4f1a\u3092\u4f5c\u3089\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3068\u8003\u3048\u3066\u3044\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u3053\u308c\u306f\u5c06\u6765\u7684\u306b\u79c1\u305f\u3061\u306e\u30d3\u30b8\u30cd\u30b9\u306e\u4e00\u90e8\u306b\u306a\u308b\u3068\u3001\u79c1\u305f\u3061\u306f\u8003\u3048\u7d9a\u3051\u3066\u3044\u307e\u3059\u3002<\/p>\n<p class=\"hh hha\">Pablo Legorreta &#8212; \u5275\u696d\u8005\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005<\/p>\n<p>\u3082\u3046\u3072\u3068\u3064\u3001\u3053\u306e\u53d6\u5f15\u306b\u95a2\u3059\u308b\u30d7\u30ed\u30bb\u30b9\u3092\u601d\u3044\u51fa\u3057\u3066\u304f\u3060\u3055\u3044\u3002\u3053\u306e\u53d6\u5f15\u306b\u306f\u3001\u4ed6\u306e\u4f01\u696d\u3068\u306e\u9593\u306b\u3044\u304f\u3064\u304b\u306e\u7d4c\u7def\u304c\u3042\u308a\u3001\u305d\u308c\u304c\u8907\u96d1\u306b\u306a\u3063\u3066\u3044\u307e\u3057\u305f\u3002\u3057\u304b\u3057\u3001\u3053\u306e\u30d7\u30ed\u30bb\u30b9\u5168\u4f53\u3092\u632f\u308a\u8fd4\u3063\u3066\u307f\u3066\u304f\u3060\u3055\u3044\u3002\u3057\u304b\u3057\u3001\u3053\u306e\u30d7\u30ed\u30bb\u30b9\u304c\u59cb\u307e\u3063\u305f\u5f53\u521d\u3092\u632f\u308a\u8fd4\u308b\u3068\u3001\u3069\u3061\u3089\u304b\u304c\u3082\u3046\u30c9\u30a2\u3092\u958b\u3051\u3088\u3046\u3068\u3057\u305f\u3053\u3068\u304c\u4f55\u5ea6\u3082\u3042\u308a\u307e\u3057\u305f\u3002<\/p>\n<p>\u3067\u3082\u79c1\u306f\u3042\u304d\u3089\u3081\u305a\u306b\u3001\u300c\u3044\u3084\u3001\u8a71\u3092\u3057\u3088\u3046\u300d\u3068\u8a00\u3044\u307e\u3057\u305f\u3002\u305d\u3057\u3066\u3001\u5b9f\u969b\u306b\u8b70\u8ad6\u3092\u7d9a\u3051\u3066\u30c9\u30a2\u3092\u958b\u3051\u3001\u5408\u7406\u7684\u306b\u8003\u3048\u3088\u3046\u3068\u8aac\u5f97\u3057\u305f\u3093\u3067\u3059\u3002\u305d\u3057\u3066\u3001\u3068\u306b\u304b\u304f\u3002\u3060\u304b\u3089\u6700\u5f8c\u306f\u3001\u3053\u3046\u3044\u3046\u53d6\u5f15\u3067\u306f\u305d\u3046\u3044\u3046\u3053\u3068\u304c\u6c42\u3081\u3089\u308c\u308b\u3057\u3001\u79c1\u305f\u3061\u306f\u591a\u304f\u306e\u7d4c\u9a13\u3092\u7a4d\u3093\u3067\u3044\u308b\u3057\u3001\u5de5\u592b\u3082\u3067\u304d\u308b\u3002<\/p>\n<p>\u3057\u304b\u3057\u3001\u79c1\u306f\u305d\u3053\u3067\u6b62\u3081\u307e\u3059\u3002<\/p>\n<p>Operator<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u3054\u8cea\u554f\u306f\u5c11\u3005\u304a\u5f85\u3061\u304f\u3060\u3055\u3044\u3002\u6b21\u306e\u8cea\u554f\u306f\u30b3\u30fc\u30a6\u30a7\u30f3\u306e\u30b9\u30c6\u30a3\u30fc\u30d6\u30f3\u30fb\u30b9\u30ab\u30e9\u304b\u3089\u3067\u3059\u3002\u7d9a\u3051\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n<p class=\"hh hhq\">\u30b9\u30c6\u30a3\u30fc\u30d6\u30fb\u30b9\u30ab\u30e9 &#8212; \u30b3\u30fc\u30a6\u30a7\u30f3\u30fb\u30a2\u30f3\u30c9\u30fb\u30ab\u30f3\u30d1\u30cb\u30fc &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u30022\u30013\u8cea\u554f\u3055\u305b\u3066\u304f\u3060\u3055\u3044\u3002\u307e\u305a\u3001GSK\u3067\u9032\u884c\u4e2d\u306e\u5909\u5316\u306b\u306f\u4e8b\u6b20\u304d\u307e\u305b\u3093\u3002\u305d\u306e\u512a\u5148\u9806\u4f4d\u306f\u5909\u5316\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u547c\u5438\u5668\u7cfb\u306e\u7814\u7a76\u306b\u91cd\u70b9\u3092\u7f6e\u3044\u3066\u304a\u308a\u3001\u6700\u8fd1\u767a\u58f2\u3055\u308c\u305f\u547c\u5438\u5668\u7cfb\u306eBREO\u3001ANORO\u3001Nucala\u306f\u6210\u529f\u3057\u305f\u3082\u306e\u3082\u3042\u308c\u3070\u305d\u3046\u3067\u306a\u3044\u3082\u306e\u3082\u3042\u308a\u3001\u307e\u3061\u307e\u3061\u3067\u3059\u3002\u30c8\u30ec\u30b8\u30fc\u306e\u30dd\u30c6\u30f3\u30b7\u30e3\u30eb\u3092\u6700\u5927\u9650\u306b\u767a\u63ee\u3055\u305b\u308b\u305f\u3081\u306b\u3001\u3069\u306e\u3088\u3046\u306a\u5de5\u592b\u3092\u3055\u308c\u305f\u306e\u3067\u3057\u3087\u3046\u304b\uff1f\u305d\u308c\u304c\u6700\u521d\u306e\u8cea\u554f\u3067\u3059\u30022\u3064\u76ee\u306e\u8cea\u554f\u3067\u3059\u304c\u3001\u85ac\u4fa1\u6539\u5b9a\u6cd5\u6848\u304c\u6210\u7acb\u3057\u3001\u4f01\u696d\u304c\u7814\u7a76\u958b\u767a\u30d7\u30ed\u30b0\u30e9\u30e0\u3092\u7e2e\u5c0f\u3059\u308b\u3053\u3068\u306b\u306a\u3063\u305f\u5834\u5408\u3001\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u30fb\u30d5\u30a1\u30fc\u30de\u304c\u65b0\u85ac\u958b\u767a\u4f01\u696d\u3084\u8cb7\u53ce\u4f01\u696d\u306e\u30d7\u30ed\u30b0\u30e9\u30e0\u306b\u51fa\u8cc7\u3059\u308b\u6a5f\u4f1a\u306b\u306a\u308b\u306e\u304b\u3069\u3046\u304b\u3001\u6c17\u306b\u306a\u308a\u307e\u3059\u3002\u8a00\u3044\u63db\u3048\u308c\u3070\u3001\u4ed6\u793e\u304c\u3053\u306e\u5206\u91ce\u3092\u624b\u653e\u3057\u305f\u3068\u304d\u306b\u3001\u9b45\u529b\u7684\u306a\u6761\u4ef6\u3067\u4f4e\u5206\u5b50\u533b\u85ac\u54c1\u3084Part D\u533b\u85ac\u54c1\u3092\u500d\u5897\u3055\u305b\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3057\u3087\u3046\u304b\uff1f<\/p>\n<p class=\"hh hha\">Pablo Legorreta &#8212; \u5275\u696d\u8005\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u3053\u306e\u8cea\u554f\u306f\u3001Marshall\u3068Chris\u304c\u53d7\u3051\u308b\u3079\u304d\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3002\u305f\u3060\u3001Trelegy\u306b\u3064\u3044\u3066\u306e\u8cea\u554f\u306b\u5bfe\u3057\u3066\u3001\u79c1\u500b\u4eba\u3068\u3057\u3066\u306e\u30b3\u30e1\u30f3\u30c8\u3092\u3055\u305b\u3066\u3044\u305f\u3060\u304d\u307e\u3059\u3002\u3072\u3068\u3064\u306f\u3001\u3053\u306e\u88fd\u54c1\u306e\u80cc\u5f8c\u306b\u3042\u308b\u975e\u5e38\u306b\u5927\u304d\u306a\u8ca9\u58f2\u30fb\u30de\u30fc\u30b1\u30c6\u30a3\u30f3\u30b0\u52aa\u529b\u3067\u3059\u3002<\/p>\n<p>\u4f8b\u3048\u3070\u3001Trelegy\u306b\u95a2\u3059\u308b\u30c6\u30ec\u30d3\u5e83\u544a\u306e\u91cf\u306b\u306f\u3001\u672c\u5f53\u306b\u9a5a\u304b\u3055\u308c\u307e\u3059\u3002\u3053\u306e\u5206\u91ce\u306e\u30ea\u30fc\u30c7\u30a3\u30f3\u30b0\u30ab\u30f3\u30d1\u30cb\u30fc\u306b\u3088\u308b\u7d20\u6674\u3089\u3057\u3044\u30b5\u30dd\u30fc\u30c8\u304c\u3042\u308b\u3001\u307e\u3055\u306b\u7d20\u6674\u3089\u3057\u3044\u85ac\u3060\u3068\u601d\u3044\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u30af\u30ea\u30b9\u3001\u30de\u30fc\u30b7\u30e3\u30eb\u3001\u79c1\u306e\u7b54\u3048\u306b\u3055\u3089\u306b\u8ffd\u52a0\u3057\u305f\u3044\u3053\u3068\u306f\u3042\u308a\u307e\u3059\u304b\uff1f<\/p>\n<p>\u30de\u30fc\u30b7\u30e3\u30eb\u30fb\u30a6\u30ea\u30b9\u30c8 &#8212; \u30a8\u30b0\u30bc\u30af\u30c6\u30a3\u30d6\u30fb\u30d0\u30a4\u30b9\u30d7\u30ec\u30b8\u30c7\u30f3\u30c8\u3001\u30ea\u30b5\u30fc\u30c1\uff06\u30a4\u30f3\u30d9\u30b9\u30c8\u30e1\u30f3\u30c8\u90e8\u9580\u9577<\/p>\n<p>\u30af\u30ea\u30b9\u3001\u982d\u3092\u4e0b\u3052\u307e\u3059\u304b\uff1f<\/p>\n<p class=\"hh hha\">\u30af\u30ea\u30b9\u30fb\u30cf\u30a4\u30c8 &#8212; 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&#8212; \u30b3\u30fc\u30a6\u30a7\u30f3\u30fb\u30a2\u30f3\u30c9\u30fb\u30ab\u30f3\u30d1\u30cb\u30fc &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>\u30aa\u30da\u30ec\u30fc\u30bf\u30fc<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u3054\u8cea\u554f\u306f\u5c11\u3005\u304a\u5f85\u3061\u304f\u3060\u3055\u3044\u3002\u6b21\u306e\u8cea\u554f\u306f\u30d0\u30f3\u30af\u30fb\u30aa\u30d6\u30fb\u30a2\u30e1\u30ea\u30ab\u306e\u30b8\u30a7\u30d5\u30fb\u30df\u30fc\u30c1\u30e3\u30e0\u304b\u3089\u3067\u3059\u3002\u7d9a\u3051\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n<p class=\"hh hhq\">Geoff Meacham &#8212; \u30d0\u30f3\u30af\u30aa\u30d6\u30a2\u30e1\u30ea\u30ab\u30fb\u30e1\u30ea\u30eb\u30ea\u30f3\u30c1 &#8212; 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\u3042\u308b\u3044\u306f\u3001\u305d\u306e\u70b9\u306b\u3064\u3044\u3066\u3082\u3046\u5c11\u3057\u8a73\u3057\u304f\u6559\u3048\u3066\u304f\u3060\u3055\u3044\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>\u30d1\u30d6\u30ed\u30fb\u30ec\u30b4\u30ec\u30bf &#8212; \u5275\u696d\u8005\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005<\/p>\n<p>\u30c6\u30ea\u30fc\u3001\u30de\u30fc\u30b7\u30e3\u30eb\u3001\u8cea\u554f\u3092\u3069\u3046\u305e\u3002\u30da\u30a4\u30a2\u30a6\u30c8\u306e\u4ef6\u3001\u30c6\u30ea\u30fc\u3001\u305d\u3057\u3066\u3082\u3046\u3072\u3068\u3064\u306f\u5408\u6210\u6a39\u8102\u306e\u4ef6\u3067\u3059\u3002<\/p>\n<p class=\"hh hha\">\u30c6\u30ea\u30fc\u30fb\u30b3\u30a4\u30f3 &#8212; 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class=\"hh hha\">\u30de\u30fc\u30b7\u30e3\u30eb\u30fb\u30a6\u30ea\u30b9\u30c8 &#8212; 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class=\"hh hha\">Pablo Legorreta &#8212; \u5275\u696d\u8005\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005<\/p>\n<p>\u4f01\u696d\u304c\u5408\u6210\u6a39\u8102\u3092\u597d\u304d\u304b\u5acc\u3044\u304b\u306f\u3001\u7d50\u5c40\u306e\u3068\u3053\u308d\u3001\u79c1\u305f\u3061\u306b\u306f\u95a2\u4fc2\u306a\u3044\u3053\u3068\u306a\u306e\u3067\u3059\u3002\u79c1\u305f\u3061\u306f\u30aa\u30fc\u30d7\u30f3\u30de\u30a4\u30f3\u30c9\u3067\u3059\u3002\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u3060\u3051\u306e\u53d6\u5f15\u3067\u3082\u3001\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u3068\u682a\u5f0f\u306e\u53d6\u5f15\u3067\u3082\u3001\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u3068\u682a\u5f0f\u306e\u53d6\u5f15\u3067\u3082\u3001\u3055\u3089\u306b\u30ed\u30fc\u30f3\u30c1\u30ad\u30e3\u30d4\u30bf\u30eb\u3084\u958b\u767a\u30ad\u30e3\u30d4\u30bf\u30eb\u3092\u542b\u3081\u3066\u3082\u304b\u307e\u3044\u307e\u305b\u3093\u3002\u79c1\u305f\u3061\u306f\u975e\u5e38\u306b\u30aa\u30fc\u30d7\u30f3\u30de\u30a4\u30f3\u30c9\u3067\u3001\u3069\u3061\u3089\u304b\u4e00\u65b9\u3067\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3068\u4e3b\u5f35\u3059\u308b\u3053\u3068\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n<p>\u5b9f\u969b\u3001\u6f5c\u5728\u7684\u306a\u30d1\u30fc\u30c8\u30ca\u30fc\u3068\u306e\u8a71\u3057\u5408\u3044\u3067\u306f\u3001\u67d4\u8edf\u3067\u3042\u308b\u3053\u3068\u304c\u6700\u5584\u306e\u65b9\u6cd5\u3067\u3057\u3087\u3046\u3002\u3057\u304b\u3057\u3001\u3042\u3089\u3086\u308b\u30bd\u30ea\u30e5\u30fc\u30b7\u30e7\u30f3\u3092\u63d0\u4f9b\u3059\u308b\u3053\u3068\u304c\u3001\u7d50\u679c\u7684\u306b\u79c1\u305f\u3061\u306e\u6210\u529f\u306b\u3064\u306a\u304c\u308a\u3001\u826f\u304d\u30d1\u30fc\u30c8\u30ca\u30fc\u306b\u306a\u308b\u306e\u3067\u3059\u3002\u305d\u3057\u3066\u3001\u4f01\u696d\u3092\u898b\u3066\u307f\u308b\u3068\u3001\u79c1\u305f\u3061\u306e\u6295\u8cc7\u5bb6\u30c7\u30fc\u3067\u3001Biohaven\u306e\u3088\u3046\u306a\u4f01\u696d\u3092\u898b\u3066\u307f\u308b\u3068\u30012017\u5e745\u6708\u304b\u308920 &#8212; \u73fe\u5728\u300132\u5104\u30c9\u30eb\u306e\u8cc7\u672c\u3092\u8abf\u9054\u3057\u3066\u3001[\u805e\u304d\u53d6\u308c\u305a] 32\u5104\u30c9\u30eb\u3092\u958b\u767a\u3057\u305f\u3068\u3044\u3046\u7d71\u8a08\u3082\u3042\u3063\u305f\u3068\u601d\u3044\u307e\u3059\u3002\u79c1\u305f\u3061\u306f\u305d\u306e\u3046\u3061\u306e26\uff05\u3001\u7d048\u5104\u30c9\u30eb\u3067\u3057\u305f\u3002Cytokinetics\u3092\u898b\u308b\u3068\u300120\u5104\u30c9\u30eb\u306e\u8cc7\u672c\u8abf\u9054\u3001\u5b9f\u306f\u305d\u306e20\uff05\u3067\u3059\u3002<\/p>\n<p>\u30d0\u30a4\u30aa\u30af\u30ea\u30b9\u30c8\u306f2012\u5e74\u306b13\u5104\u30c9\u30eb\u306e\u5897\u8cc7\u3092\u884c\u3044\u307e\u3057\u305f\u304c\u3001\u88fd\u85ac\u696d\u754c\u306e25\uff05\u3092\u5360\u3081\u3066\u3044\u307e\u3057\u305f\u3002\u3067\u3059\u304b\u3089\u3001\u4f01\u696d\u306f\u79c1\u305f\u3061\u304c\u63d0\u4f9b\u3059\u308b\u3055\u307e\u3056\u307e\u306a\u4ed5\u7d44\u307f\u306e\u5229\u70b9\u3092\u7406\u89e3\u3057\u3066\u3044\u308b\u3068\u601d\u3044\u307e\u3059\u3002\u4f01\u696d\u3082\u305d\u308c\u3092\u6c17\u306b\u5165\u3063\u3066\u3001\u53d7\u3051\u5165\u308c\u3066\u304f\u308c\u3066\u3044\u307e\u3059\u3002\u305d\u3057\u3066 &#8212; \u3057\u304b\u3057\u3001\u5e02\u5834\u3092\u6559\u80b2\u3059\u308b\u3053\u3068\u304c\u554f\u984c\u306a\u306e\u3067\u3059\u306d\u3002\u79c1\u305f\u3061\u306e\u30e2\u30c7\u30eb\u306e\u529b\u3092\u4f7f\u3063\u3066\u3001\u4f01\u696d\u304c\u30d7\u30ed\u30b0\u30e9\u30e0\u3092\u3046\u307e\u304f\u958b\u767a\u3067\u304d\u308b\u3088\u3046\u306b\u3059\u308b\u3053\u3068\u306f\u3001\u4f01\u696d\u306b\u3068\u3063\u3066\u672c\u5f53\u306b\u30e1\u30ea\u30c3\u30c8\u304c\u3042\u308b\u3053\u3068\u3060\u3068\u7406\u89e3\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u7279\u306b\u4eca\u3001\u4f01\u696d\u306b\u3068\u3063\u3066\u975e\u5e38\u306b\u56f0\u96e3\u306a\u72b6\u6cc1\u306b\u3042\u308b\u4e2d\u3067\u3001\u79c1\u305f\u3061\u306f\u591a\u304f\u306e\u4f01\u696d\u3068\u7a4d\u6975\u7684\u306a\u5bfe\u8a71\u3092\u884c\u3063\u3066\u3044\u307e\u3059\u3002\u7d4c\u55b6\u9663\u306f\u4f55\u304c\u30e6\u30cb\u30fc\u30af\u306a\u306e\u304b\u3092\u7406\u89e3\u3057\u3088\u3046\u3068\u8e8d\u8d77\u306b\u306a\u3063\u3066\u3044\u307e\u3059\u3057\u3001\u79c1\u305f\u3061\u306f\u4e8b\u614b\u306e\u63a8\u79fb\u3092\u975e\u5e38\u306b\u697d\u89b3\u8996\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>Geoff Meacham &#8212; Bank of America Merrill Lynch &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>OK\u3001\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002<\/p>\n<p>\u30aa\u30da\u30ec\u30fc\u30bf\u30fc<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u3054\u8cea\u554f\u306f\u5c11\u3005\u304a\u5f85\u3061\u304f\u3060\u3055\u3044\u3002\u6b21\u306e\u8cea\u554f\u306f\u30a8\u30d0\u30b3\u30a2\u306e\u30de\u30a4\u30af\u30fb\u30c7\u30a3\u30d5\u30a3\u30aa\u30fc\u30ec\u304b\u3089\u3067\u3059\u3002\u3069\u3046\u305e\u3001\u304a\u9032\u307f\u304f\u3060\u3055\u3044\u3002<\/p>\n<p class=\"hh hhq\">\u30de\u30a4\u30af\u30fb\u30c7\u30a3\u30d5\u30a3\u30aa\u30fc\u30ec &#8212; \u30a8\u30d0\u30fc\u30b3\u30a2ISI &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u3053\u3093\u306b\u3061\u306f\u3001\u7686\u3055\u3093\u3002\u79c1\u306e\u8cea\u554f\u306b\u6642\u9593\u3092\u5272\u3044\u3066\u3044\u305f\u3060\u304d\u3001\u672c\u5f53\u306b\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u305d\u3057\u3066\u3001\u7d99\u7d9a\u7684\u306a\u9032\u5c55\u306b\u304a\u3081\u3067\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u7c21\u5358\u306a\u3082\u306e\u30922\u3064\u3060\u3051\u3002<\/p>\n<p>1\u3064\u306f\u3001Trelegy\u306e\u53d6\u5f15\u306eIRR\u3067\u3059\u3002\u3053\u306e\u6848\u4ef6\u306f\u3001CF LOE\u306e\u304a\u304b\u3052\u3067\u300110\u5e74\u5f8c\u534a\u306e\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u306e\u30ae\u30e3\u30c3\u30d7\u3092\u57cb\u3081\u308b\u3053\u3068\u304c\u3067\u304d\u305f\u3088\u3046\u3067\u3059\u304c\u3001IRR\u306f\u3001\u5c11\u306a\u304f\u3068\u3082\u79c1\u306e\u8a08\u7b97\u306b\u3088\u308b\u3068\u3001\u5c11\u3057\u5e73\u51e1\u306a\u3088\u3046\u3067\u3059\u3002\u3068\u3044\u3046\u3053\u3068\u306f\u3001\u5272\u5f15\u7387\u306f\u3069\u306e\u3088\u3046\u306b\u8003\u3048\u308c\u3070\u3044\u3044\u306e\u3067\u3057\u3087\u3046\u304b\uff1f\u307e\u305f\u3001\u6295\u8cc7\u5bb6\u8aac\u660e\u4f1a\u3067\u306f1\u6841\u53f0\u534a\u3070\u3068\u304a\u3063\u3057\u3083\u3063\u3066\u3044\u307e\u3057\u305f\u304c\u3001\u3053\u306e\u3042\u305f\u308a\u306b\u3064\u3044\u3066\u88dc\u8db3\u3057\u3066\u3044\u305f\u3060\u3051\u308c\u3070\u3068\u601d\u3044\u307e\u3059\u3002\u5225\u9014\u3001\u30a2\u30f3\u30d7\u30ed\u30ad\u30bb\u30c1\u30f3\u3078\u306e\u671f\u5f85\u3082\u304a\u805e\u304b\u305b\u304f\u3060\u3055\u3044\u3002\u524d\u56de\u306e\u30d5\u30a7\u30fc\u30ba3\u306e\u5931\u6557\u304b\u3089\u3001\u30b9\u30c8\u30ea\u30fc\u30c8\u306f\u3042\u307e\u308a\u4fe1\u7528\u3057\u3066\u3044\u306a\u3044\u3088\u3046\u3067\u3059\u304c\u3001\u3042\u306a\u305f\u306e\u8003\u3048\u3092\u805e\u304b\u305b\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n<p class=\"hh hha\">Pablo Legorreta &#8212; \u5275\u696d\u8005\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005\uff08CEO<\/p>\n<p>IRR\u306f\u30011\u6841\u53f0\u534a\u3070\u3067\u306f\u306a\u304f\u30011\u6841\u53f0\u5f8c\u534a\u3060\u3068\u601d\u3044\u307e\u3059\u3002\u305d\u3057\u3066\u3001\u91cd\u8981\u306a\u3053\u3068\u306e1\u3064\u306f\u3001\u7686\u3055\u3093\u304c\u30a2\u30ca\u30ea\u30b9\u30c8\u306e\u30b3\u30f3\u30bb\u30f3\u30b5\u30b9\u3084\u3054\u81ea\u8eab\u306e\u4e88\u6e2c\u306e\u3069\u3061\u3089\u304b\u306e\u89b3\u70b9\u304b\u3089\u898b\u3066\u3044\u308b\u3088\u3046\u306b\u3001\u79c1\u305f\u3061\u3082\u305d\u308c\u3092\u898b\u3066\u3044\u308b\u3053\u3068\u3060\u3068\u601d\u3044\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u79c1\u305f\u3061\u306f\u5b9f\u969b\u306b\u6df1\u304f\u6398\u308a\u4e0b\u3052\u3066\u3001\u88fd\u54c1\u306e\u6210\u9577\u30c0\u30a4\u30ca\u30df\u30af\u30b9\u3092\u7406\u89e3\u3057\u3088\u3046\u3068\u52aa\u3081\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u305d\u3057\u3066\u3001\u79c1\u305f\u3061\u304c\u4f55\u5ea6\u3082\u4f55\u5ea6\u3082\u898b\u3066\u304d\u305f\u3088\u3046\u306b\u3001\u4f01\u696d\u306b\u3068\u3063\u3066\u975e\u5e38\u306b\u91cd\u8981\u306a\u5927\u578b\u88fd\u54c1\u306f\u3001\u79c1\u305f\u3061\u306e\u4e88\u60f3\u3084\u30a2\u30ca\u30ea\u30b9\u30c8\u306e\u4e88\u60f3\u3092\u4e0a\u56de\u308b\u50be\u5411\u304c\u3042\u308a\u307e\u3059\u3002\u3067\u3059\u304b\u3089\u3001\u3053\u306e\u88fd\u54c1\u306f\u672c\u5f53\u306b\u3046\u307e\u304f\u3044\u304f\u53ef\u80fd\u6027\u304c\u3042\u308b\u3068\u601d\u3044\u307e\u3059\u3057\u3001\u79c1\u305f\u3061\u306f\u3053\u306e\u88fd\u54c1\u306b\u671f\u5f85\u3057\u3066\u3044\u307e\u3059\u3002\u3053\u308c\u304cIRR\u306b\u95a2\u9023\u3059\u308b\u7b54\u3048\u3067\u3059\u3002\u305d\u3057\u3066\u660e\u3089\u304b\u306b\u3001\u3053\u306e\u8cc7\u7523\u306f\u975e\u5e38\u306b\u5f37\u529b\u306a\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3092\u751f\u307f\u51fa\u3059\u306e\u3067\u3001\u975e\u5e38\u306b\u30ec\u30d0\u30ec\u30c3\u30b8\u304c\u52b9\u304f\u3082\u306e\u3067\u3059\u3002<\/p>\n<p>\u305d\u306e\u305f\u3081\u3001\u3088\u308a\u30ea\u30b9\u30af\u3092\u53d6\u3063\u3066\u3001\u77ed\u671f\u7684\u306b\u306f\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3092\u751f\u307f\u51fa\u3055\u306a\u3044\u3082\u306e\u306b\u6295\u8cc7\u3057\u3066\u3044\u308b\u5f53\u793e\u306e\u4ed6\u306e\u4e8b\u696d\u3068\u3001\u5b9f\u306b\u3046\u307e\u304f\u30d0\u30e9\u30f3\u30b9\u304c\u53d6\u308c\u3066\u3044\u307e\u3059\u3002CF\u306eIP\u671f\u9650\u5207\u308c\u306b\u3064\u3044\u3066\u306fTerry\u306b\u8b72\u308b\u3068\u3057\u3066\u3001CF\u306f10\u5e74\u3092\u8d85\u3048\u3066\u6b21\u306e10\u5e74\u307e\u3067\u7d9a\u304f\u3068\u3044\u3046\u306e\u304c\u79c1\u305f\u3061\u306e\u898b\u89e3\u3067\u3059\u3002\u3057\u304b\u3057\u3001\u30c6\u30ea\u30fc&#8230;&#8230;\u3042\u306a\u305f\u306e\u8cea\u554f\u3092\u6b63\u3057\u304f\u7406\u89e3\u3057\u3066\u3044\u306a\u304b\u3063\u305f\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u304c\u3001\u305d\u306e\u8cea\u554f\u3092\u53d7\u3051\u305f\u3044\u3067\u3059\u304b\uff1f<\/p>\n<p>\u30c6\u30ea\u30fc\u30fb\u30b3\u30a4\u30f3 &#8212; \u30a8\u30b0\u30bc\u30af\u30c6\u30a3\u30d6\u30fb\u30d0\u30a4\u30b9\u30d7\u30ec\u30b8\u30c7\u30f3\u30c8\u3001\u30c1\u30fc\u30d5\u30fb\u30d5\u30a1\u30a4\u30ca\u30f3\u30b7\u30e3\u30eb\u30fb\u30aa\u30d5\u30a3\u30b5\u30fc<\/p>\n<p>\u30de\u30a4\u30af\u3001\u3082\u3046\u4e00\u5ea6\u8cea\u554f\u3092\u304a\u9858\u3044\u3057\u307e\u3059\u3002\u79c1\u306f\u305f\u3076\u3093 &#8212; \u30d1\u30d6\u30ed\u3068\u306f\u9055\u3046\u3053\u3068\u3092\u805e\u3044\u305f\u3068\u601d\u3046\u3093\u3067\u3059\u3002\u7533\u3057\u8a33\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n<p>Mike DiFiore &#8212; Evercore ISI &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u305d\u3046\u3067\u3059\u306d\u3002\u79c1\u304c\u8a00\u3044\u305f\u304b\u3063\u305f\u306e\u306f\u3001\u3053\u306e\u53d6\u5f15\u81ea\u4f53\u306f\u975e\u5e38\u306b\u826f\u3044\u3082\u306e\u3067\u300110\u5e74\u5f8c\u534a\u306b\u8d77\u3053\u308a\u3046\u308bCF LOE\u306b\u3088\u308b\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u53ce\u5165\u306e\u4e0d\u8db3\u3092\u88dc\u3046\u3082\u306e\u3067\u3042\u308b\u3053\u3068\u306f\u9593\u9055\u3044\u306a\u3055\u305d\u3046\u3060\u3001\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002\u305d\u308c\u304c\u79c1\u306e\u8a00\u3044\u305f\u304b\u3063\u305f\u3053\u3068\u3067\u3059\u3002<\/p>\n<p>\u30c6\u30ea\u30fc\u30fb\u30b3\u30a4\u30f3 &#8212; \u30a8\u30b0\u30bc\u30af\u30c6\u30a3\u30d6\u30fb\u30d0\u30a4\u30b9\u30d7\u30ec\u30b8\u30c7\u30f3\u30c8\u3001\u30c1\u30fc\u30d5\u30fb\u30d5\u30a1\u30a4\u30ca\u30f3\u30b7\u30e3\u30eb\u30fb\u30aa\u30d5\u30a3\u30b5\u30fc<\/p>\n<p>\u305d\u3046\u3067\u3059\u306d\u3002\u308f\u304b\u308a\u307e\u3057\u305f\u3002\u4e86\u89e3\u3067\u3059\u3002\u3048\u3048\u3001\u308f\u304b\u308a\u307e\u3057\u305f\u3002<\/p>\n<p>Pablo\u304c\u305d\u306e\u3053\u3068\u306b\u89e6\u308c\u305f\u3068\u601d\u3044\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u79c1\u305f\u3061\u306f\u3053\u306e\u88fd\u54c1\u306b\u3068\u3066\u3082\u671f\u5f85\u3057\u3066\u3044\u307e\u3059\u3057\u3001IRR\u306f\u79c1\u305f\u3061\u304c\u76ee\u6a19\u3068\u3057\u3066\u304d\u305f\u3082\u306e\u3068\u975e\u5e38\u306b\u4e00\u81f4\u3057\u3066\u3044\u308b\u3068\u601d\u3044\u307e\u3059\u3057\u3001\u3053\u308c\u3089\u306e\u627f\u8a8d\u6e08\u307f\u88fd\u54c1\u306b\u3064\u3044\u3066\u306f\u30cf\u30a4\u30b7\u30f3\u30b0\u30eb\u3001\u30ed\u30fc\u30c0\u30d6\u30eb\u3060\u3068\u8a00\u3063\u3066\u304d\u307e\u3057\u305f\u3002IRR\u306f\u3001\u79c1\u305f\u3061\u304c\u76ee\u6a19\u306b\u63b2\u3052\u3066\u3044\u308b\u3082\u306e\u3068\u307b\u307c\u540c\u3058\u3067\u3001\u627f\u8a8d\u6e08\u307f\u88fd\u54c1\u306eIRR\u306f1\u500d\u304b\u30892\u500d\u7a0b\u5ea6\u306b\u306a\u308b\u3068\u8003\u3048\u3066\u3044\u307e\u3059\u3002Ampreloxetine\u306b\u5bfe\u3059\u308b\u671f\u5f85\u306b\u3064\u3044\u3066\u3082\u8cea\u554f\u304c\u3042\u3063\u305f\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n<p>Marshall\u304b\u3089\u304a\u9858\u3044\u3057\u307e\u3059\u3002<\/p>\n<p class=\"hh hha\">Marshall Urist &#8212; \u57f7\u884c\u526f\u793e\u9577\u3001\u30ea\u30b5\u30fc\u30c1\uff06\u30a4\u30f3\u30d9\u30b9\u30c8\u30e1\u30f3\u30c8\u90e8\u9580\u9577<\/p>\n<p>\u30a2\u30f3\u30d7\u30ec\u30ed\u30ad\u30bb\u30c1\u30f3\u306b\u3064\u3044\u3066\u306f\u30012\u3064\u307b\u3069\u91cd\u8981\u306a\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002\u307e\u305a\u7b2c\u4e00\u306b\u3001\u79c1\u305f\u3061\u306f &#8212; \u3053\u308c\u307e\u3067\u8a71\u3057\u3066\u304d\u305f\u3088\u3046\u306b\u3001\u307e\u305fPablo\u304c\u89e6\u308c\u305f\u3088\u3046\u306b\u3001\u79c1\u305f\u3061\u306f\u5e38\u306b\u53d6\u5f15\u306b\u304a\u3044\u3066\u3001\u826f\u3044\u3082\u306e\u3092\u4f5c\u308a\u3001\u3067\u304d\u308b\u9650\u308a\u5efa\u8a2d\u7684\u3067\u67d4\u8edf\u306a\u5bfe\u5fdc\u3092\u3059\u308b\u3088\u3046\u5fc3\u304c\u3051\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u3060\u304b\u3089\u3053\u305d\u3001Trelegy\u3068Theravance\u306e\u5927\u898f\u6a21\u306a\u53d6\u5f15\u306e\u4e00\u90e8\u306bampreloxetine\u3092\u542b\u3081\u308b\u3053\u3068\u304c\u3067\u304d\u305f\u306e\u306f\u3001\u975e\u5e38\u306b\u8208\u5473\u6df1\u304b\u3063\u305f\u306e\u3067\u3059\u3002\u8208\u5473\u6df1\u3044\u88fd\u54c1\u3067\u306f\u3042\u308a\u307e\u3059\u304c\u3001\u975e\u5e38\u306b\u5927\u304d\u306a\u53d6\u5f15\u306e\u4e2d\u3067\u306f\u63a7\u3048\u3081\u306a\u90e8\u985e\u306b\u5165\u308b\u3068\u3044\u3046\u3053\u3068\u3092\u3001\u5fc3\u306b\u7559\u3081\u3066\u304a\u304f\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002\u3068\u306f\u3044\u3048\u3001\u3053\u306e\u88fd\u54c1\u306f\u3001\u8d77\u7acb\u6027\u4f4e\u8840\u5727\u3084\u3001Theravance\u304c\u8a71\u3057\u3066\u3044\u308b\u3088\u3046\u306a\u591a\u7cfb\u7d71\u840e\u7e2e\u75c7\u306e\u60a3\u8005\u3055\u3093\u306e\u30b5\u30d6\u30bb\u30c3\u30c8\u306b\u304a\u3044\u3066\u3001\u8208\u5473\u6df1\u3044\u30c7\u30fc\u30bf\u3092\u793a\u3057\u3066\u3044\u308b\u3068\u8003\u3048\u3066\u3044\u307e\u3059\u3002\u3067\u3059\u304b\u3089\u3001\u3053\u306e\u30d7\u30ed\u30b0\u30e9\u30e0\u304c\u3069\u306e\u3088\u3046\u306b\u767a\u5c55\u3057\u3066\u3044\u304f\u306e\u304b\u3001\u79c1\u305f\u3061\u306f\u697d\u3057\u307f\u306b\u3057\u3066\u3044\u307e\u3059\u3057\u3001\u3053\u306e\u53d6\u5f15\u304c\u767a\u5c55\u3057\u3066\u3044\u3051\u3070\u3001\u78ba\u304b\u306b\u8208\u5473\u6df1\u3044\u30a2\u30c3\u30d7\u30b5\u30a4\u30c9\u3092\u63d0\u4f9b\u3067\u304d\u308b\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3002<\/p>\n<p>Mike DiFiore &#8212; Evercore ISI &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u7d20\u6674\u3089\u3057\u3044\u3002\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>George Grofik &#8212; \u6295\u8cc7\u5bb6\u5411\u3051\u5e83\u5831\u30fb\u30b3\u30df\u30e5\u30cb\u30b1\u30fc\u30b7\u30e7\u30f3\u90e8\u9577<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u30aa\u30da\u30ec\u30fc\u30bf\u30fc\u3001\u6700\u5f8c\u306e\u8cea\u554f\u3092\u304a\u53d7\u3051\u3057\u307e\u3059\u3002<\/p>\n<p>\u30aa\u30da\u30ec\u30fc\u30bf\u30fc<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u3054\u8cea\u554f\u306f\u5c11\u3005\u304a\u5f85\u3061\u304f\u3060\u3055\u3044\u3002\u6700\u5f8c\u306e\u8cea\u554f\u306fUBS\u306e\u30a2\u30c3\u30b7\u30e5\u30fb\u30d0\u30fc\u30de\u304b\u3089\u3067\u3059\u3002\u7d9a\u3051\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n<p class=\"hh hhq\">Ashwani Verma &#8212; UBS &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u79c1\u306e\u8cea\u554f\u3092\u805e\u3044\u3066\u304f\u3060\u3055\u3063\u3066\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002Trelegy\u306b\u3064\u3044\u30661\u3064\u3060\u3051\u3002\u3053\u306e\u6848\u4ef6\u3067\u5951\u7d04\u4e00\u6642\u91d1\u306e\u5272\u5408\u304c\u9ad8\u304b\u3063\u305f\u7406\u7531\u306f\u4f55\u3060\u3063\u305f\u306e\u3067\u3057\u3087\u3046\u304b\uff1f\u305d\u308c\u3068\u3082\u3001\u5951\u7d04\u4e00\u6642\u91d1\u304c\u4e00\u822c\u7684\u306a\u91d1\u984d\u3088\u308a\u9ad8\u304b\u3063\u305f\u306e\u3067\u3057\u3087\u3046\u304b\uff1f<\/p>\n<p>Pablo Legorreta &#8212; \u5275\u696d\u8005\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005\uff08CEO<\/p>\n<p>\u30de\u30fc\u30b7\u30e3\u30eb\u3001\u305d\u306e\u8cea\u554f\u3092\u304a\u9858\u3044\u3057\u307e\u3059\u3002<\/p>\n<p class=\"hh hha\">\u30de\u30fc\u30b7\u30e3\u30eb\u30fb\u30a6\u30ea\u30b9\u30c8 &#8212; \u57f7\u884c\u526f\u793e\u9577\u3001\u30ea\u30b5\u30fc\u30c1\u30fb\u6295\u8cc7\u90e8\u9580\u9577<\/p>\n<p>\u3082\u3061\u308d\u3093\u3067\u3059\u3001\u30a2\u30c3\u30b7\u30e5\u3001\u3054\u8cea\u554f\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u79c1\u305f\u3061\u306f\u3001\u30a2\u30ca\u30ea\u30b9\u30c8\u30fb\u30c7\u30fc\u3067\u8aac\u660e\u3057\u305f\u3088\u3046\u306b\u3001\u5546\u6a5f\u3092\u975e\u5e38\u306b\u614e\u91cd\u306b\u5206\u6790\u3057\u3001\u30d1\u30fc\u30c8\u30ca\u30fc\u3068\u3068\u3082\u306b\u3001\u79c1\u305f\u3061\u53cc\u65b9\u306b\u3068\u3063\u3066\u5229\u76ca\u3068\u306a\u308b\u3088\u3046\u306a\u53d6\u5f15\u3084\u69cb\u9020\u3001\u8a55\u4fa1\u3092\u898b\u3064\u3051\u308b\u305f\u3081\u306b\u591a\u304f\u306e\u4f5c\u696d\u3092\u884c\u3044\u307e\u3059\u3002\u305d\u3057\u3066\u3001\u305d\u306e\u3088\u3046\u306a\u30a2\u30d7\u30ed\u30fc\u30c1\u3067Trelegy\u3068\u306e\u53d6\u5f15\u3092\u5b9f\u73fe\u3057\u305f\u306e\u3060\u3068\u601d\u3044\u307e\u3059\u3002\u3067\u3059\u304b\u3089\u3001\u5fc5\u305a\u3057\u3082\u3053\u308c\u3092\u30c6\u30f3\u30d7\u30ec\u30fc\u30c8\u3068\u3057\u305f\u308a\u3059\u308b\u5fc5\u8981\u306f\u306a\u3044\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n<p>\u3053\u308c\u307e\u3067\u8ff0\u3079\u3066\u304d\u305f\u3088\u3046\u306b\u3001\u3059\u3079\u3066\u306e\u53d6\u5f15\u306f\u7570\u306a\u308b\u3082\u306e\u3067\u3059\u3002\u3069\u306e\u53d6\u5f15\u306b\u3082\u7279\u6709\u306e\u30c0\u30a4\u30ca\u30df\u30ba\u30e0\u304c\u3042\u308a\u307e\u3059\u3002\u3053\u306e\u6848\u4ef6\u3067\u306f\u3001\u5951\u7d04\u4e00\u6642\u91d1\u3068\u3001\u5c06\u6765\u306e\u696d\u7e3e\u306b\u5fdc\u3058\u305f\u30de\u30a4\u30eb\u30b9\u30c8\u30fc\u30f3\u304c\u8a2d\u5b9a\u3055\u308c\u3066\u3044\u307e\u3059\u304c\u3001\u3053\u308c\u306f\u9069\u5207\u306a\u30b9\u30c8\u30e9\u30af\u30c1\u30e3\u30fc\u3067\u3057\u305f\u3002\u3057\u304b\u3057\u3001\u79c1\u305f\u3061\u306f\u5e38\u306b\u3001\u30d1\u30fc\u30c8\u30ca\u30fc\u3084\u7279\u5b9a\u306e\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u306b\u9069\u3057\u305f\u69cb\u9020\u3092\u898b\u3064\u3051\u3088\u3046\u3068\u3057\u3066\u3044\u308b\u306e\u3067\u3059\u3002<\/p>\n<p>Ashwani Verma &#8212; UBS &#8212; \u30a2\u30ca\u30ea\u30b9\u30c8<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>\u30aa\u30da\u30ec\u30fc\u30bf\u30fc<\/p>\n<p>\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u305d\u308c\u3067\u306f\u3001Pablo Legorreta\u306b\u96fb\u8a71\u3092\u623b\u3057\u3066\u3001\u4f55\u304b\u3054\u767a\u8a00\u304c\u3042\u308a\u307e\u3057\u305f\u3089\u304a\u9858\u3044\u3057\u307e\u3059\u3002<\/p>\n<p>Pablo Legorreta &#8212; \u5275\u696d\u8005\u517c\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005<\/p>\n<p>\u30aa\u30da\u30ec\u30fc\u30bf\u30fc \u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u307e\u305f\u3001\u3053\u306e\u901a\u8a71\u306b\u53c2\u52a0\u3055\u308c\u3066\u3044\u308b\u7686\u3055\u3093\u3001\u30ed\u30a4\u30e4\u30eb\u30c6\u30a3\u30fb\u30d5\u30a1\u30fc\u30de\u306b\u5f15\u304d\u7d9a\u304d\u95a2\u5fc3\u3092\u304a\u5bc4\u305b\u3044\u305f\u3060\u304d\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\u3002\u6700\u5f8c\u306b\u3001\u5148\u65e5\u958b\u50ac\u3057\u305f\u6295\u8cc7\u5bb6\u5411\u3051\u8aac\u660e\u4f1a\u3067\u3001\u30ed\u30a4\u30e4\u30eb\u30c6\u30a3\u30d5\u30a1\u30fc\u30de\u306e\u6982\u8981\u3001\u305d\u306e\u72ec\u81ea\u6027\u3001\u4e8b\u696d\u6226\u7565\u3001\u79c1\u305f\u3061\u306e\u3084\u308a\u65b9\u3001\u4f01\u696d\u304c\u79c1\u305f\u3061\u3068\u63d0\u643a\u3057\u305f\u3044\u3068\u601d\u3046\u7406\u7531\u3001\u79c1\u305f\u3061\u304c\u4f01\u696d\u306b\u3082\u305f\u3089\u3059\u4fa1\u5024\u306b\u3064\u3044\u3066\u3001\u591a\u304f\u306e\u6642\u9593\u3092\u5272\u3044\u3066\u8aac\u660e\u3057\u305f\u3053\u3068\u3092\u304a\u4f1d\u3048\u3057\u3066\u304a\u304d\u307e\u3059\u3002\u305d\u3057\u3066\u3001\u30a4\u30ce\u30d9\u30fc\u30b7\u30e7\u30f3\u306e\u9ec4\u91d1\u671f\u306b\u3042\u308b\u3053\u306e\u7d20\u6674\u3089\u3057\u3044\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306b\u8cc7\u91d1\u3092\u63d0\u4f9b\u3059\u308b\u3068\u3044\u3046\u3001\u79c1\u305f\u3061\u306e\u524d\u306b\u3042\u308b\u975e\u5e38\u306b\u5927\u304d\u306a\u6a5f\u4f1a\u306e\u5927\u304d\u3055\u306b\u3064\u3044\u3066\u3082\u8aac\u660e\u3057\u307e\u3057\u305f\u3002\u305d\u3057\u3066\u3001\u8cc7\u672c\u5c55\u958b\u3068\u6210\u9577\u3068\u3044\u3046\u70b9\u3067\u306e\u76ee\u6a19\u3082\u793a\u3057\u307e\u3057\u305f\u3002<\/p>\n<p>\u305d\u3057\u3066\u4eca\u5e74\u30011\u5e74\u304c\u7d4c\u3064\u306b\u3064\u308c\u3066\u3001\u305d\u306e\u76ee\u6a19\u306b\u5bfe\u3057\u3066\u79c1\u305f\u3061\u304c\u6210\u679c\u3092\u4e0a\u3052\u3066\u3044\u308b\u306e\u3092\u3054\u89a7\u3044\u305f\u3060\u3051\u308b\u3068\u601d\u3044\u307e\u3059\u3002\u73fe\u5728\u300125\u5104\u30c9\u30eb\u306e\u8cc7\u672c\u3092\u6295\u4e0b\u3057\u30011\u5e74\u306e\u534a\u5206\u304c\u904e\u304e\u3088\u3046\u3068\u3057\u3066\u3044\u307e\u3059\u3002\u3067\u3059\u304b\u3089\u3001\u79c1\u305f\u3061\u306f\u3068\u3066\u3082\u8208\u596e\u3057\u3066\u3044\u307e\u3059\u3002\u30ed\u30a4\u30e4\u30ea\u30c6\u30a3\u30fb\u30d5\u30a1\u30eb\u30de\u306f\u3001\u30e9\u30a4\u30d5\u30b5\u30a4\u30a8\u30f3\u30b9\u5206\u91ce\u306e\u4ed6\u306e\u3059\u3079\u3066\u306e\u9769\u65b0\u7684\u4f01\u696d\u304b\u3089\u9078\u3070\u308c\u308b\u30d1\u30fc\u30c8\u30ca\u30fc\u306b\u306a\u308a\u3064\u3064\u3042\u308b\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n<p>\u3053\u308c\u304b\u3089\u3082\u7686\u3055\u3093\u3068\u306e\u95a2\u4fc2\u3092\u7d9a\u3051\u3066\u3044\u304d\u305f\u3044\u3068\u601d\u3063\u3066\u3044\u307e\u3059\u3057\u3001\u8cea\u554f\u306b\u3082\u304a\u7b54\u3048\u3057\u307e\u3059\u3002\u30b8\u30e7\u30fc\u30b8\u3084\u30c1\u30fc\u30e0\u306e\u307f\u3093\u306a\u306b\u58f0\u3092\u304b\u3051\u3066\u304f\u3060\u3055\u3044\u3002\u672c\u65e5\u306f\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002<\/p>\n<p>&nbsp;<\/p>\n<p>\u4ee5\u4e0a\u3067\u3059\u3002\u4ed6\u306e\u7ffb\u8a33\u5e0c\u671b\u3084\u3054\u611f\u60f3\u3092\u3044\u305f\u3060\u3051\u308b\u3068\u5b09\u3057\u3044\u3067\u3059\u3002<\/p>\n<p>\uff0a\u8aa4\u8a33\u306a\u3069\u304c\u3042\u308b\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3067\u306e\u53c2\u8003\u7a0b\u5ea6\u306b\u3057\u3066\u3044\u305f\u3060\u304d\u6295\u8cc7\u306f\u81ea\u5df1\u5224\u65ad\u3067\u304a\u9858\u3044\u3057\u307e\u3059\u3002<\/p>\n<p>\u30d6\u30ed\u30b0\u904b\u55b6\u306e\u52b1\u307f\u306b\u306a\u308a\u307e\u3059\u306e\u3067\u3001\u304a\u624b\u6570\u3067\u3059\u304c\u3001\u5fdc\u63f4\u306e\uff11\u65e5\uff11\u30af\u30ea\u30c3\u30af\u3092\u3088\u308d\u3057\u304f\u304a\u9858\u3044\u81f4\u3057\u307e\u3059\u3002<\/p>\n<p>\u2193\u2193\uff1c\u5fdc\u63f4\u30af\u30ea\u30c3\u30af\u304a\u9858\u3044\u3057\u307e\u3059\uff1e<\/p>\n<p><a href=\"https:\/\/stock.blogmura.com\/ranking\/in?p_cid=11122923\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/b.blogmura.com\/stock\/88_31.gif\" alt=\"\u306b\u307b\u3093\u30d6\u30ed\u30b0\u6751 \u682a\u30d6\u30ed\u30b0\u3078\" width=\"88\" height=\"31\" border=\"0\"><\/a><br \/>\n<a href=\"https:\/\/stock.blogmura.com\/ranking\/in?p_cid=11122923\" target=\"_blank\" rel=\"noopener\">\u306b\u307b\u3093\u30d6\u30ed\u30b0\u6751<\/a><\/p>\n<p><a href=\"https:\/\/stock.blogmura.com\/stockinfo\/ranking\/in?p_cid=11122923\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/b.blogmura.com\/stock\/stockinfo\/88_31.gif\" alt=\"\u306b\u307b\u3093\u30d6\u30ed\u30b0\u6751 \u682a\u30d6\u30ed\u30b0 \u682a\u5f0f\u6295\u8cc7\u60c5\u5831\u3078\" width=\"88\" height=\"31\" border=\"0\"><\/a><br \/>\n<a href=\"https:\/\/stock.blogmura.com\/stockinfo\/ranking\/in?p_cid=11122923\" target=\"_blank\" rel=\"noopener\">\u306b\u307b\u3093\u30d6\u30ed\u30b0\u6751<\/a><\/p>\n<p><a href=\"https:\/\/stock.blogmura.com\/americastock\/ranking\/in?p_cid=11122923\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/b.blogmura.com\/stock\/americastock\/88_31.gif\" alt=\"\u306b\u307b\u3093\u30d6\u30ed\u30b0\u6751 \u682a\u30d6\u30ed\u30b0 \u7c73\u56fd\u682a\u3078\" width=\"88\" height=\"31\" border=\"0\"><\/a><br \/>\n<a href=\"https:\/\/stock.blogmura.com\/americastock\/ranking\/in?p_cid=11122923\" target=\"_blank\" rel=\"noopener\">\u306b\u307b\u3093\u30d6\u30ed\u30b0\u6751<\/a><\/p>\n<p><a href=\"https:\/\/stock.blogmura.com\/tenbagger\/ranking\/in?p_cid=11122923\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/b.blogmura.com\/stock\/tenbagger\/88_31.gif\" alt=\"\u306b\u307b\u3093\u30d6\u30ed\u30b0\u6751 \u682a\u30d6\u30ed\u30b0 \u30c6\u30f3\u30d0\u30ac\u30fc\u3078\" width=\"88\" height=\"31\" border=\"0\"><\/a><br \/>\n<a href=\"https:\/\/stock.blogmura.com\/tenbagger\/ranking\/in?p_cid=11122923\" target=\"_blank\" rel=\"noopener\">\u306b\u307b\u3093\u30d6\u30ed\u30b0\u6751<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u30ed\u30a4\u30e4\u30eb\u30c6\u30a3\u30fb\u30d5\u30a1\u30fc\u30de (RPRX )2022\u5e74\u7b2c2\u56db\u534a\u671f\u6c7a\u7b97\u8aac\u660e\u4f1a\u306e\u65e5\u672c\u8a9e\u8a33\u3067\u3059\u3002 \u4eca\u56de\u3082\u826f\u3044\u6c7a\u7b97\u3067\u30ac\u30a4\u30c0\u30f3\u30b9\u306e\u4e0a\u65b9\u4fee\u6b63\u3082\u767a\u8868\u3055\u308c\u826f\u3044\u611f\u3058\u3067\u3059\u3002 \u682a\u4fa1\u306f\u76f8\u5909\u308f\u3089\u305a\u3067\u3059\u304c\u597d\u6c7a\u7b97\u3092\u7d9a\u3051\u3066\u304a\u308a\u914d\u5f53\u3082\u3042\u308b\u306e\u3067\u6bd4\u8f03\u7684\u5b89\u5fc3\u3057\u3066\u6301\u3063 &#8230; 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