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Replies to #85765 on Biotech Values
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mouton29

11/04/09 8:20 AM

#85781 RE: DewDiligence #85765

<<Teva has annual sales of about $14B. If Teva’s Lovenox ANDA has been re-characterized as a 505b2 NDA, this in itself would not meet (or even come close to) the materiality threshold requiring Teva to disclose it to investors.>>

TEVA's net income is under $1 billion. Wouldn"t the effect on net income be greater since revenues would be reduced and expenses increased if TEVA's drug were approved as other than a fully substitutable generic?