Biotech Values

[zipjet]

the possibility that the Court will impose a preliminary injunction

That statement was literally true even before the TRO was granted. But it is easy to understand why the FTC would not want to credit a mere possibility as a justification for a restraint of trade.

I think it is far different when a District Judge has found a likelihood of infringement worthy of injunctive relief AFTER both parties have been heard and issued a TRO.

Calling a settlement collusive in that context should not fly, IMO.

ij