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DewDiligence

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DewDiligence

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Re: DewDiligence post# 156902

Thursday, 10/06/2016 10:02:01 AM

Thursday, October 06, 2016 10:02:01 AM

Post# of 251715
TEVA, Celltrion ink FoB collaboration for Rituxan/Herceptin in US/Canada:

http://finance.yahoo.com/news/teva-celltrion-announce-exclusive-biosimilar-120000044.html

This is essentially a booby price for TEVA, who has been actively searching for a global FoB partner. Celltrion’s FoB programs for Rituxan and Herceptin were returned by PFE in 2015 as a consequence of PFE’s merger with HSP (http://www.fiercebiotech.com/r-d/pfizer-cuts-some-biosimilar-ties-celltrion-after-its-17b-hospira-deal ).

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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