Momenta Pharmaceuticals, Inc. (MNTA)

[jbog]

Go Seek,

Enox-o-what? not gonna happen...

Yesterday, Mr. Wheeler in the Q&A portion was asked about 20 questions. On 19 of them he refused to answer because of policy.

The 20th question was posed by Oppenhiemer and they asked what Momenta/Sandoz would be doing to increase their 45%/50% share of Enox. Mr. Wheeler said that they are physically out of internal manufacturing equipment at this point so they will not be increasing production to any degree. He continued to say that they will not invest in more infrastructure to increase sales at this point.

Now, between you and me, if Sandoz/Momenta doesn't feel that adding a trival amount of money to expand production is worth it, there is no question that they think Enox-o-what is not only possible, but inevitable.

Adding new production would cost a measly sum ($50ish mil, max) but it would take years to complete and get approved. I'm guessing it's the 'time' that is holding them back.