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Biotech / Medical : biotech firesales
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To: tuck who wrote (2681)7/27/2010 2:50:10 PM
From: DewDiligence_on_SI  Read Replies (1) of 3661
 
>Momenta (MNTA) off 15% now. Not sure if it's the lawsuit filed by Sanofi -- which failed to get a TRO, and doesn't stand a snowball's chance in hell of succeeding -- or if some remark made today by Teva management actually got investors believing there is a risk that Teva's version of generic enoxaprin would be approved soon.<

The former, IMO. Investors who didn’t tune into MNTA’s CC probably didn’t know the lawsuit was coming.
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