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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 5.780-4.1%Jan 6 3:57 PM EST

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To: richardred who wrote (818)7/25/2005 12:21:25 PM
From: richardred   of 7254
 
I have a suspicion IVAX might have been one of those companies!

>The Generics division continued its very satisfactory development in the second quarter. In fact, the success of its bestseller in the United States, the DuoNeb® inhaler for treating chronic obstructive pulmonary disease (COPD), has prompted five generics companies to apply to the U.S. Food and Drug Administration (FDA) for approval to market their generic versions of this value-added product before its patent expires in June 2022. An approval from the FDA, if any, remains subject to the outcome of the patent litigation filed by Merck, and Merck is using all legal means to vigorously defend its patent
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