To re-iterate, the main issue in the 40mg-Copaxone patent case is obviousness. MNTA and its co-defendants will argue that giving twice as much Copaxone (approximately) half as often is not a bona fide innovation worthy of patent protection.
The strange thing is that TEVA is getting clobbered today and there have been lots of PUTS being bought. Here is what TheFlyOnTheWall had to say:
Teva put volume heavy and directionally bearish Bearish flow noted in Teva with 8,348 puts trading, or 3x expected. Most active are Jan-17 45 puts and Dec-16 47.5 puts, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 2.01, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 15th
Yet, there has been absolutely no interest in MNTA. No call buying at all.