Biotech Values

[flatlander_60048]

The fact that TEVA has decided to hire a former senior level FDA Scientist as their US regulatory affairs VP suggests that they are unhappy with the progress on their reviews at the FDA. I believe that this may be a signal that they feel the need for more regulatory liaison capabilities in the US. This may be a direct outgrowth of their Lovenox ANDA being stuck in the mud for so long.

FL

http://online.wsj.com/article/SB10001424052748704049904575554410462752310.html?mod=googlenews_wsj