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Mpower

10/11/10 1:49 PM

#106149 RE: bxjwn9ru #106127

Indeed. It has been 3 months+ since approval, TEVA has been caught explicitly changing their story on the "imminent" approval delay

(FIRSTS excuse - we submitted our immunogenecity data 1 month after MNTA, so we expect a commensurate 1 month approval delay, SECOND excuse - we are confident we met all of the FDA's requirements as outlined in their response to the citizen petition and think its just a matter of time before the FDA acts, THIRD excuse - we haven't heard anything from the FDA on anything that needs to be done on our end, so we expect approval very soon, FOURTH excuse - we won't comment on the timeline for approval beyond what we have said previously).

You know the story in early 2011, right? TEVA will just keep saying they expect approval imminently, and without strong leadership from MNTA management -- stressing the edge they have over competitors, the market will keep believing TEVA.