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DewDiligence

02/10/11 8:45 AM

#114457 RE: 10nisman #114454

That NVS’ Lovenox operating margin (for purposes of calculating the Lovenox profit share) was as high as 68.5% bodes well for MNTA’s earnings in future quarters; the operating margin will presumably stay at this level or increase slightly as the fixed costs of production are spread over more volume.