Biotech Values

[ghmm]

When I went back over the most recent Momenta presentation (DB Biofest 12/15/10) this remark by Craig Wheeler stuck out:

Thanks to jbog for posting the transcript #msg-58235653

Of course, when we saw the FDA's Citizens' Petition Response, I was in one way thrilled, in one way very concerned [I am sure concern is to be taken in the "pleased" sense if that is possible ].
I was thrilled that they actually took advantage of our technology and approved a drug. And, business the other side of it is that there are many things buried in that petition. There are clearly -- are things that we own patents to, and therefore want to protect. So when we looked at that and saw that they were expecting those around manufacturing controls and release standards, and that Teva was out there saying, we're now manufacturing inventory for launch, it created an opportunity for us to actually assert those patents.

Though it could just be a CEO talking up his company I think there is a descent chance the courts could rule in Momenta's favor especially as others have implied the FDA unfairly used Momenta as the standard.