Biotech Values

[DewDiligence]

…you are basically saying that it will be different this time, and that nothing unforeseen will come along to cloud the picture.

I’m saying no such thing; to the contrary, I’ve detailed in painstaking detail the manifold uncertainties pertaining to how much money MNTA will make from Lovenox.

What’s not uncertain, however, is that Lovenox is a blockbuster drug and a substitutable generic will rack up substantial sales. In this sense, the FDA approval of generic Lovenox is indeed different from the other biotech cases you may be thinking of, where there was doubt about the degree to which a new product would gain traction in the marketplace.