Saturday, June 20, 2015

California 46 Largest Health Care Company Stock Market Prices Up 20 Times Since March 6, 2009 Under ACA ..... If US Supreme Court Rules To Eliminate Premium Subsidies in 34 US States, a Very Significant Portion of US Citizen Wealth Appreciation Will Be Reversed

From a very thorough review of SEC filings and the Google Finance Website, I found a large number of 46 Health Care Companies headquartered in the State of California with Stock Market Capitalizations of at least $1 bil now, or on their date sold for those sold since 2014, and which also have had their common stocks trading from December 31, 2007 (or in January 2008 for one of them) through the most recent date June 19, 2015, or the date the company was sold for the 7 Companies sold since 2014.

These 46 largest California Health Care Companies have seen their equal-company-weighted average stock market prices increase by an almost unbelievable 1,990% for the six years and three and a half months from March 6, 2009 through the most recent date June 19, 2015.

The US Supreme Court is finalizing its position on King vs Burwell.  If it rules to eliminate health insurance premium subsidies in 34 US States, the economic result on US Citizen Stock Market Portfolios will be a huge haircut, especially since just these 46 largest California Health Care Companies presently have a Total Stock Market Capitalization of $669 bil buoyed by the many additional health care customers in the Health Insurance Exchanges under the ACA, coupled with the fact that the average stock market price appreciation of these 46 largest California Health Care Companies has been a massive 20 times since March 6, 2009.

Below here are stock market prices on the most recent date June 19, 2015, or on the date sold for the 7 Companies sold since 2014, and on March 6, 2009 for these 46 largest California Headquartered Health Care Companies, along with the related Stock Market Price Percentage Changes.  The Companies are presented by Stock Market Capitalization within each of the three California Areas:




Market




Price





%





Change


Market Market 3-6-09


Price Price to
Health Care Companies HQs Area 6-19-15 3-6-09 6-19-15


$s $s
California




San Francisco/Silicon Valley Area




Gilead Sciences Foster City SF       119.80         22.01 444%
McKesson San Francisco SF       235.85         39.38 499%
BioMarin Pharmaceutical San Rafael SF       137.93         10.22 1250%
Pharmacyclics Sunnyvale SF       261.25           0.86 30281%
Intuitive Surgical Sunnyvale SF       494.75         95.89 416%
Jazz Pharmaceuticals Palo Alto SF       179.99           0.62 28931%
Medivation San Francisco SF       116.99           7.64 1431%
Varian Medical Systems Palo Alto SF         88.00         27.73 217%
The Cooper Companies Pleasanton SF       180.00         18.33 882%
Intermune Brisbane SF         73.89         13.63 442%
Align Technology San Jose SF         63.24           6.41 887%
Bio-Rad Laboratories Hercules SF       149.06         54.97 171%
Impax Laboratories Hayward SF         47.80           5.60 754%
Thoratec Pleasanton SF         45.88         20.97 119%
Theravance South San Francisco SF         18.79         12.15 55%
Nektar Therapeutics San Francisco SF         11.83           4.21 181%
Natus Medical San Carlos SF         42.38           6.69 533%
DepoMed Newark SF         22.27           2.12 950%
Raptor Pharmaceutical Novato SF         15.66           3.06 412%
Abaxis Union City SF         51.99         16.14 222%






Los Angeles Area




Amgen Thousand Oaks  LA        160.72         46.38 247%
Allergan Irvine  LA        240.22         36.52 558%
Edwards Lifesciences Irvine  LA        146.17         27.45 433%
Questcor Pharmaceuticals Anaheim  LA          93.60           5.02 1765%
Health Net Woodland Hills  LA          63.63         10.93 482%
Molina Healthcare Long Beach  LA          68.87         11.43 503%
Avanir Pharmaceuticals Aliso Viejo  LA          16.96           0.38 4363%
MannKind Valencia  LA            5.97           2.17 175%
Masimo Irvine  LA          38.89         24.08 62%
ICU Medical San Clemente  LA          96.75         28.41 241%
The Ensign Group Mission Viejo  LA          53.39           7.82 583%
Endologix Irvine  LA          16.37           1.38 1086%
IPC The Hospitalist Co North Hollywood  LA          57.82         15.30 278%


   


San Diego Area
   


Illumina San Diego  SD        218.09         31.98 582%
Life Technologies Carlsbad  SD          76.04         28.17 170%
ResMed San Diego  SD          57.56         17.77 224%
Isis Pharmaceuticals Carlsbad  SD          62.55         12.13 416%
DexCom San Diego  SD          77.62           3.31 2245%
ACADIA Pharmaceuticals San Diego  SD          41.75           0.80 5119%
Neurocrine Biosciences San Diego  SD          47.31           3.21 1374%
Halozyme Therapeutics San Diego  SD          21.31           4.66 357%
NuVasive San Diego  SD          49.66         26.57 87%
Ligand Pharmaceuticals La Jolla  SD          96.17         16.56 481%
AMN Healthcare Services San Diego  SD          29.59           4.89 505%
Cadence Pharmaceuticals San Diego  SD          13.98           5.83 140%
Arena Pharmaceuticals San Diego  SD            4.42           4.06 9%






Average % Change all 46 California Health Care Companies With Market Cap > $1 Bil 1,990%