Wednesday, March 01, 2017 1:49:57 PM
"Everything you say is fine, but the main point is that the manufacture, sales and distribution of Glatopia is Sandoz's responsibility. Momenta has zero to none involvement at this level.”
I agree, except, they have a responsibility to make sure of what is going on, what they are doing and how it might impact them.
"I'd have to assume that there is a joint management team consisting of Sandoz and Momenta personnel to make any decisions. The problem would be that Sandoz would carry a stronger vote.”
True, but that does not stop Momenta from recognizing any potential problems and recognize any risk and make an informed decision how to handle them, as far as Momenta shareholders, should anything go wrong.
"Let's understand one thing, Momenta contracts to its customer which is Sandoz. Momenta has no relationships with the Pharmacies or Customers. Momenta has no relationship to Pfizer”
I will accept that. Then Sandoz should be speaking up. It still does not relieve Momenta of having everything covered with Sandoz or, determining if there is an insurable problem should Sandoz be unable to perform, as far as
Momenta shareholders are concerned.
That is the point I am trying to make. It takes risk management to Identify potential problem areas, Determine potential exposure and alternatives, Identify potential solutions and implement solutions and then control and monitor the results.
So far no word from Momenta on the problems so we know nothing.
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