Replies to post #206793 on Biotech Values

[DewDiligence]

MYL cutting 3,000 jobs—9% of global workforce:

http://www.nbcnews.com/business/business-news/amid-lawsuits-investigations-mylan-cutting-3-000-jobs-n693616

[DewDiligence]

AGN’s novel ploy to protect Restasis exclusivity:

https://finance.yahoo.com/news/allergan-saint-regis-mohawk-tribe-163400437.html

Allergan plc…and the Saint Regis Mohawk Tribe today announced that the Tribe now owns all Orange Book-listed patents for RESTASIS (Cyclosporine Ophthalmic Emulsion) 0.05%, and that Allergan has been granted exclusive licenses in the patents related to the product. The Tribe, a recognized sovereign tribal government, is filing a motion to dismiss the ongoing inter partes review (IPR) of the RESTASIS patents based on their sovereign immunity from IPR challenges.

Restasis is AGN’s second-largest product (after Botox). If this eventually reaches adjudication by the CAFC, I predict that AGN's ploy will fail.