Momenta Pharmaceuticals, Inc. (MNTA)

[olsen]

The indemnification side deal is important as the court determines the potential to pay damages and what amount of bond would need to be posted as the case plays out. WPI has a much greater ability to pay then amphastar so if they are indemnifying lower bond would be required.


On the $200 m inventory that was about to expire I believe it was never sold and never could have been sold and was a fradulent potential damage claim by amphstar/wpi to the courts. Customers will not take product with that little dating since they need time to sell and for time for the customer to use generally you can't sell product with less then 6 months of dating. Think how you would feel if you got your product dispensed and it was about to expire this month?

MNTA should require wpi/amphstar to detail what happened to that product and if not sold they would have some explaining to do with the judge since this was a significant reason the courts allowed them to launch.