>But for Copaxone to have ANY value for MNTA shareholders three things must happen. 1 - It must not be eliminated by a better drug/s. (Considering the marginal benefit of Copaxone, they could be displaced completely.) 2 - The company must stay viable. (That means mL or M118 needs to come through.) 3 - The company must stay independent - not bought out.<
I disagree on #3; clearly, a buyout offer for the whole company can incorporate an implicit valuation for the Copaxone program.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”