Copax trials odds. I would like to change my estimates to : For the CoM patents Obviousness, double patenting, etc. : 40% Non-infringement : 20% Indefiniteness/Best Practice/Enablement : 5% Inequitable conduct : 30%. For the rest: Obviousness etc. : 0% Non-infringement : 80% Indefiniteness : 10% Inequitable conduct : 0%. That comes out to 67% on the CoMs and 82% on the process patents, 55% overall. I still think this is for entertainment value only. The FDA action dominates the valuation.