InvestorsHub Logo

boraborak38

01/05/24 5:54 PM

#5581 RE: enthalpy #5579

That’s why I say never underestimate Allergan legal workings. Evolus/Medytox/Allergan legal suit with ITC was next level. Think Brent Saunders/Allergan/Tribal patent with restasis. They go next level.
I made a big bet when Evolus was trading for cash around $3.00 prior to settlement and it worked out.
I don’t know enough about this suit and doesn’t appear to be on par with these other suits.
I just know that Allergan has the means and bad intent to bury anyone and anything in their path.

DewDiligence

01/05/24 5:58 PM

#5583 RE: enthalpy #5579

Evolus settled with a licensing agreement. I thought it was bogus too but they supposedly hired a top scientist who had direct access on trade secrets. It worked for Allergan to win the dispute.

EOLS settled with ABBV/Medytox on relatively unfavorable terms because EOLS’ Korean supplier, Daewoong, was in fact guilty of stealing Medytox’s cell line.