Question RE: Lawsuit.
Can someone explain to me like I am 5.
Ok, so what is the case about? I get it that it was about abuse deter. oxy. I know we were in the market to do that. FDA didn't approve it.(the bead technology abuse deterrent) Ok, so stock plunged. Nas turned co, around. Here we are.
However what is the relevance now with this Accord case? I thought that they got the stay. Did Purdue appeal the stay? (not an atty. I don't know if that is correct lingo) if Purdue loses this what are the consequences for us? How far can Purdue appeal this case? How does it affect us ( eltp )
I was trying to explain this part to someone doing their DD and I realized I don't have the greatest understanding of the relevance either. ( Except I felt it was a great move to let Accord fight this, and not use our cash on Atty's)
Thanks.