Replies to post #130498 on Biotech Values

[DewDiligence]

AMLN is down 15% on the diabetes divorce with LLY. A Chinese proverb comes to mind.

[north40000]

That is a settlement? What did AMLN do wrong?

Sent from a cruise on Rhine south of Koblenz. Have not searched beyond your message, read on new IPad

[DewDiligence]

FDA approves LLY’s Jentadueto, a combination of Tradjenta and metformin:

http://finance.yahoo.com/news/FDA-approves-Jentadueto-prnews-2409356170.html?x=0

Tradjenta, which was approved by the FDA in May 2011 (#msg-62668535) and by the CHMP is Jun 2011 (#msg-64617999), is the drug from B-I that caused LLY to pull out of its partnership with AMLN following a period brief litigation (#msg-68775229, #msg-63176632).