In ADMP’s PR you posted, it says the exclusive license to 3M’s technology runs only through 12/31/13 unless ADMP makes an additional payment to acquire the technology outright.
We've acquired the scientific expertise and technology in dry powder inhalation. We've married our strong science with an excellent partner in the MDI space…in 3M.
With respect to generic Advair DPI, MYL is guiding for an ANDA submission to the FDA in 1H15 following a bioequivalence trial (see page 81 of the slide deck in #msg-90654516) and for an EU submission in 2H14 based on clinical data already in hand. MYL also plans an EU submission for the MDI formulation of Advair in 2H13, according to the Investor Day webcast.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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