Worth listening to. Annabel (best HZNP analyst IMO), Tim and Theresa (Fireside format). Annabel said a colleague of hers mentioned Novartis as a possible suitor for HZNP. Like the rumor but would hate the reality. Tim said the company works to build shareholder value, and doesn't do anything different to become an attractive takeover target (but he didn't say they wouldn't accept a good offer).
Goes though the pipeline (exciting stuff coming in 2023 for those with a long term view).
IMHO we will look back at the current swoon in PPS and recall what a great opportunity that was (as always do your own DD).