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Re: None

Wednesday, 12/16/2020 2:26:42 PM

Wednesday, December 16, 2020 2:26:42 PM

Post# of 430303
Today's sell off may be related to the appellate court inviting GSK to respond to Teva's request for an en banc hearing. It's hard to read more into this request as these requests happen from time to time.

For instance the court invited the other side to respond in the American Axle case before denying an en banc hearing some 7 months later.

One thing is clear: GSK v. Teva will be tied up in the courts for months if not years to come. Because the loser will likely appeal to the Supreme Court.

American Axle was case 18-1763 for those interested in seeing the timeline. Of course GSK v. Teva situation could be different but these things take time. This is not the only case the appellate court has on its plate.
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