Enanta Pharmaceuticals Inc (ENTA)

[vinmantoo]

Re Lawsuit
Looks like there are several motions in connection with summary judgement in the PFE case.

Hard to discern who has the upper hand from a motion being filed.

Luly said in the past a trial was expected by end of this year, but on the last earnings call said IF a trial happens will likely be later this year. Sounds to me a decent chance the suit gets thrown out (and there seems to be a countersuit against enta but i could be reading this wrong). However if the suit proceeds to trial then I would expect PFE to come to the negotiating table.

It looks to me as if things are coming to a head.