Answer to MNTA quiz:
Q: How will investors know whether Teva or Amphastar get approval for generic Lovenox?
A: Teva/Amphastar have first to file status on generic Lovenox, which prevents Sandoz/MNTA from simply launching generic Lovenox upon FDA approval. Thus, if Sandoz/MNTA get FDA approval, investors will know the status of the ANDA’s from Teva and Amphastar by the actions Sandoz/MNTA undertake to deal with the six-month marketing exclusivity conferred by first-to-file status.
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”