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Biotech / Medical : Momenta Pharmaceuticals Inc.
MNTA 52.480.0%Oct 2 5:00 PM EST

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To: Biomaven who wrote (2778)3/7/2011 4:29:32 PM
From: DewDiligence_on_SI   of 3027
 
As long as the probability of a preliminary injunction is something greater than zero (which is assuredly is), Teva ought to want a speedy end to the Lovenox patent litigation in order to accelerate the time when a PI could be lifted and Teva could be begin to sell product.

However, the above logic would pertain only if Teva thought it had a realistic chance of getting FDA approval in the next two years, and I would be willing to bet* that Teva does not think it has that. Hence, under the actual circumstances, Teva might as well let the litigation proceed slowly.

I’m wondering how long it will take until you move off your position that Teva has been telling the truth about its Lovenox program to the investment community and that the probability of FDA approval is ā€œ95%.ā€ Regards, Dew

*Actually, you and I already have such a bet :-)
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