News Focus
News Focus
Post# of 257263
Next 10
Followers 24
Posts 3957
Boards Moderated 0
Alias Born 07/20/2006

Re: None

Saturday, 08/14/2010 7:14:25 AM

Saturday, August 14, 2010 7:14:25 AM

Post# of 257263
From the FDA Brief -

Even if Lovenox’s monthly U.S. sales revenue of $210 million were reduced by 60 percent due to competition with Sandoz’s generic product, the resultant loss of $378 million over the next three months comprises less than 1% of Sanofi’s total annual revenue – a significant figure to be sure, but not of sufficient magnitude to cause irreparable harm to a company the size of Sanofi, as courts in this Circuit have repeatedly held.

Among other reasons, this clearly states that SNY will be denied their injunction.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today