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Replies to #56620 on Biotech Values
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ThomasS

12/22/07 9:57 PM

#56621 RE: rkrw #56620

MNTA: OK, but
1. Fragmin is wholly-owned by MNTA.
2. The 2 undisclosed protein FoB's garner such a huge potential market that any royalty arrangement should be quite substantial for MNTA. Evidence the slide below regarding the M356 Copaxone arrangement:

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DewDiligence

12/23/07 4:07 PM

#56631 RE: rkrw #56620

>MNTA – don't think fragmin is going anywhere, the upside doesn't justify the investment since fragmin is only a modest seller.<

If MNTA eventually gets approval for generic Lovenox, it ought to be a piece of cake to submit an ANDA for Fragmin and get it approved because the two drugs are so similar.

Generic Fragmin is clearly not a big-ticket item, but I would argue that it represents almost-free money. Hence, “reprioritized” does not necessarily mean dead, IMO.