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jq1234

12/12/12 4:36 PM

#153969 RE: ghmm #153967

If they file as sNDA, it means it is deemed as same drug as Copaxone, asking to expand the drug label. If FDA require them to file as NDA, it means it is considered as a different drug from Copaxone. sNDA is supplement to original NDA, referencing directly to all previously submitted contents, while NDA allows to reference some other sources outside of the submission via 505b2, but NDA mostly stands on its own.

One example from the past was Myozyme/Lumizyme. Originally 2000L version was submitted as sBLA to Myozyme, but FDA deemed 2000L was a different drug from Myozyme, thus it was later filed as stand alone BLA based on a different pivotal trial, approved as Lumizyme. If Copaxone 3x weekly filed as new NDA, it will have a new name if approved.

As of benefit, I don't think it matters that much, with mere convenience without added efficacy or safety, I don't think insurance would pay the premium once Copaxone becomes generic whether it is the same drug or different drug. Obviously Teva thought differently.
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DewDiligence

12/12/12 6:57 PM

#153974 RE: ghmm #153967

Teva’s talking about filing an sNDA for thrice-weekly Copaxone is misdirection, IMHO. Just as I was willing to bet a few years ago that Teva’s generic Lovenox would never be approved, I would now be willing to bet that thrice-weekly Copaxone will have to be submitted as an NDA (probably via the 505b2 pathway) because the FDA will not consider it the exact same drug as regular Copaxone.

As a lifecycle management technique, thrice-weekly Copaxone will be a modest success at best, IMO. I’m on record with a forecast that its US market share will be 10-15% of the overall US Copaxone market including generic(s).
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DewDiligence

12/16/12 2:51 PM

#154212 RE: ghmm #153967

Factoid: Teva has the lowest P/E ratio* of any consistently profitable drug/biotech company.

Corollary: Most investors don’t think thrice-weekly Copaxone is likely to be an effective lifecycle-management fix for the Copaxone franchise, as Teva contends.

*7.6x the midpoint of 2013 non-GAAP EPS guidance of $4.85-5.15 (http://www.tevapharm.com/Media/News/Pages/2012/1763229.aspx?year=2012 ).