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

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To: DewDiligence_on_SI who wrote (2888)11/28/2011 6:57:32 PM
From: Rocky92 Recommendations  Read Replies (1) of 3027
 
" I doubt that SNY’s AG has actually been withdrawn from the market."

You can "doubt" the "withdrawal" all you want. If a judge says that sales have been "suspended," I will take that at face value. The fact the the AG is not looking for new accounts is what is important, not that there may be sales being made under prior contractual obligations.

That fact that there are probably ongoing sales surely means that the new "hybrid" profit sharing will continue. It would be very hard for MNTA to argue otherwise, and I don't agree that NVS is somehow "screwing" MNTA. A contract is a contract and MNTA is still going to do pretty darn well. JMO.
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