MNTA will have >$400M of cash at the end of 1Q12, according to today’s CC. This amount includes the $33M up-front to be received from BAX when the FoB deal formally closes; it excludes the $17.5M of restricted cash MNTA is holding pursuant to the Court-ordered bond for the Lovenox patent-infringement lawsuit.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”