News Focus
News Focus
Followers 842
Posts 122795
Boards Moderated 10
Alias Born 09/05/2002

Re: DewDiligence post# 8730

Tuesday, 05/15/2012 11:30:26 AM

Tuesday, May 15, 2012 11:30:26 AM

Post# of 20689
BMY gets FDA approval for Orencia manufacturing at Devens, MA plant:

http://finance.yahoo.com/news/u-fda-approves-bristol-myers-150000764.html

The Devens plant, where BMY acquired land formerly owned by a military base in 2007, cost $750M to build and has a production capacity of 150K liters. It is the newest of BMY’s two in-house biopharmaceutical plants; the other one is in Syracuse, NY.

I’ve speculated that Orencia is one of the two initial FoB’s MNTA is working on with BAX.

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