Replies to post #124051 on Biotech Values

[DewDiligence]

[NVS/MNTA Lovenox] share would be near 60% if the destocking effect is added

However, SNY could also have had destocking during 2Q11.

The tacit price collusion between SNY and NVS is working because neither company has tried to capture more than about 55% of the Lovenox dollar sales. I think it will stay that way.