Halozyme Therapeutics Inc (HALO)

[easycomeandgo]

This was quite long ago, when I had a position in ATRS, so my memory may be inaccurate. As I recall Novo Nordisk made some type of a deal with ATRS to obtain manufacturing rights to auto injectors. This was back when ATRS still had patent protection. The purpose of the deal was insulin, I believe, but Novo Nordisk has a broad range of injectables since then. The point is, they had proprietary domain in auto injectors and I imagine they moved the state of art forward to suit their own needs. I can imagine that they possibly subcontracted the manufacturing. As I said, I haven’t followed the matter since years ago. I believe auto injectors are or are about to become a commodity item, probably cheaper to source in the far East than to manufacture in house. Economies of scale.