Biotech Values

[biomaven0]

Congratulations to MNTA holders - alas I just have a very small position picked up a few weeks ago.

Seems like an interesting buy at these prices - clearly the market is not assuming there will be a duopoly, instead it appears to assume approval of other entrants down the road.

These two documents are relevant for judging how likely that is:

http://www.fda.gov/Drugs/DrugSafety/PostmarketDrugSafetyInformationforPatientsandProviders/ucm220023.htm

and the more detailed:

http://www.fda.gov/downloads/Drugs/DrugSafety/PostmarketDrugSafetyInformationforPatientsandProviders/UCM220083.pdf

(the response to the Sanofi citizen's petition).

Peter