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Biotech / Medical : Biotech Valuation
CRSP 53.52+0.4%12:59 PM EST

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To: Biomaven who wrote (8297)5/9/2003 4:26:26 AM
From: robert miller  Read Replies (1) of 52153
 
Kosp Patents

I am positive on Kos. I have been using Niaspan since late 1997 [the first year on the market] with excellent results. The one item that bothers me is the Barr challenge. The lack of a partner got most of the blame for the 2002 price drop but I believe the patent issue prevented early recovery.

However, I felt much better and increased my position after the Merck deal. Another set of experts looked at the Kos patents and must have felt they would pass muster. Merck must have a great deal of confidence in the Kos patents to sign the agreement. JMO

bob
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