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Investment Strategy
at current levels. The fundamental bull case for Health rests on the strong pipeline of new products for
: Merrill Lynch (Singapore) Pte Ltd, regulated by the Monetary Authority of Singapore (MAS): Merrill Lynch (Canada): Merrill Lynch Cana
Quantitative Analysis
ervices 1,720 Tax credit for orphan drug research Health 100 Exclusion & deferral of policyholder income e
: Merrill Lynch (Singapore) Pte Ltd, regulated by the Monetary Authority of Singapore (MAS); Merrill Lynch (Canada): Merrill Lynch Cana
at current levels. The fundamental bull case for Health rests on the strong pipeline of new products for
: Merrill Lynch (Singapore) Pte Ltd, regulated by the Monetary Authority of Singapore (MAS); Merrill Lynch (Canada): Merrill Lynch Cana
Entities connected to both HealthCap and The Monetary Authority of Singapore

Donald Trump
PERSON
Michael Bloomberg
PERSONthe Dubai Financial Services Authority
ORGANIZATION
United Kingdom
LOCATION
Seoul
LOCATION
Frankfurt
LOCATIONthe Prudential Regulation Authority
ORGANIZATION
Bank of America
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATIONMerchant Bank
ORGANIZATION
the Financial Services Agency
ORGANIZATIONthe Securities and Futures Bureau
ORGANIZATION
Merrill Lynch
ORGANIZATIONThe Financial Service Board
ORGANIZATION
Marc Rich
PERSONthe Financial Supervisory Service
ORGANIZATION
United States
LOCATIONMerrill Lynch Argentina SA
ORGANIZATIONMerrill Lynch (Asia Pacific) Limited
ORGANIZATIONDSP Merrill Lynch Limited
ORGANIZATION