Biotech Values

[Mpower]

Congress has minimal influence in this process... FDA has significant deference in these matters. Interesting that TEVA decided to go public in this way... I suspect the behind the scenes intimidation tactics by the Joe Barton's of the world yielded no results so they felt they had no choice. Didn't TEVA learn from Amphastar/Watson ... the FDA doesn't like being bullied into approvals. This smells of desperation.

This may be the catalyst we have been looking for to shed the TEVA overhang.