Replies to post #110288 on Biotech Values

[DewDiligence]

The terms of the offering should be known in the next few business days, possibly as soon as tomorrow.

I'm unhappily surprised by this and can't help but think that it's going to negatively affect the already depressed PPS, no matter what the discount is.

I disagree. The negative effect on the share price has already occurred, IMO, and the offering may even help the share price rise if the terms are seen as favorable for MNTA.

[MadCityCyclone]

That questionable lawsuit would seem to give MNTA cover for this offering. After all, Teva's going to launch any day...

[akasidney86]

I don't see how this, in conjunction with the suit, means anything other than that MNTA not only believes that t-enox is due to be approved, but also that the suit will be fruitless as they believe that TEVA is not actually infringing... and thus there's no risk to an at-risk launch.

Someone please convince me I'm wrong.