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DewDiligence

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DewDiligence

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Re: DewDiligence post# 119109

Wednesday, 11/02/2011 7:48:27 PM

Wednesday, November 02, 2011 7:48:27 PM

Post# of 257253
PRGO submits ANDA for ABT’s Androgel:

http://finance.yahoo.com/news/Perrigo-Confirms-Filing-for-prnews-3109803766.html?x=0&.v=1

ABT acquired Androgel in the Sep 2009 buyout of Solvay’s pharma business. The PRGO PR above says Androgel sells $900M annually; however, the US sales, which are what PRGO is chasing, are less than that.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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