News Focus
News Focus
Post# of 257675
Next 10
Followers 82
Posts 4778
Boards Moderated 0
Alias Born 02/27/2007

Re: DewDiligence post# 99805

Tuesday, 07/27/2010 11:51:57 AM

Tuesday, July 27, 2010 11:51:57 AM

Post# of 257675
It's tough to get a TRO.

Here is a typical list of standards that should all be met:

(1) a strong likelihood of success on the merits,
(2) the possibility of irreparable injury to plaintiff if preliminary relief is not granted,
(3) a balance of hardships favoring the
plaintiff, and
(4) advancement of the public interest

It's not clear that Sanofi could meet any one of these. The court at the outset would tend to defer to the FDA, which is in conflict with (1); Sanofi would not suffer irreparable damage (as monetary damages would suffice); the balance of hardship is equal or in Momenta's favor; and if they defer to the FDA judgment on safety/efficacy the public interest supports competition.

Peter

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today