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DewDiligence

11/12/10 2:16 PM

#108787 RE: oldberkeley #108783

OB et al: The author of the MNTA/TEVA post you cited has a vivid imagination, but the underlying argument is quite clueless.

As noted in #msg-56550575, Teva’s behavior has been carefully designed to get the FDA on Teva’s side with respect to generic Copaxone. Suing the FDA regarding Lovenox while MNTA’s Copaxone ANDA is under FDA review is counter to Teva’s objective and is probably the last thing Teva would want to do.*

The contention that Teva will sue MNTA itself regarding Lovenox makes even less sense. Teva does not have legal standing to sue MNTA with respect to Lovenox, and hence the District Court would almost certainly respond to such a suit with a summary dismissal.

The author of the post you cited has been an advocate of some wild conspiracy theories in the past. For instance, he was one of the people who insisted that Cougar Biotechnology was a sham outfit created by investors affiliated with organized crime for the express purpose of destroying DNDN. (He subsequently abandoned this conspiracy theory when JNJ acquired Cougar for $1B in cash: #msg-38039851 :- ))

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*If the FDA eventually approves MNTA’s Copaxone ANDA, Teva might sue the FDA then to block the launch of generic Copaxone (as SNY did with Lovenox), but this is an entirely separate matter from a hypothetical Teva lawsuit about Lovenox.
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DFRAI

11/12/10 2:18 PM

#108788 RE: oldberkeley #108783

A lawsuit?
And people think that a teva lawsuit will be resolved in 1-2-3 months? That would be poor strategic thinking on the part of the 9 mm shares that are short, jmho

it will take much longer for any lawsuit to be resolved, so i dont see the puts and short shares gaining much traction in the next 3 months.
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HattieTheWitch

11/12/10 3:54 PM

#108809 RE: oldberkeley #108783

(Boston Examiner article)...I strongly suspect a carefully worded lawsuit is close to being served against the FDA regarding the MNTA approval while TEVA's application is still pending...

Even IF this happens, MNTA keeps raking in big $$$ daily.

And, IF this happens, I'd have to mortgage my tar paper shack in the Hamptons to buy even more MNTA.

Bring it! :-)

(and thank you for your post)

EDITED TO ADD: oldberkeley has clarified that his original post did not refer to an article, but rather was a message board post about an article.