going on there. It is very interesting about Merck. I have to go out for a while, but I think you would find it very interesting.
Sentiment: Strong Buy
MRK - Merck is the winner.
To complement our internal growth and expertise, we have made several strategic acquisitions of companies, products and technologies. These acquisitions collectively have strengthened our core injectable and inhalation product technology infrastructure by providing additional manufacturing, marketing and research and development capabilities including the ability to manufacture raw materials, APIs and other components for our products. On April 30, 2014, we completed our acquisition of Merck Sharpe & Dohme's, or Merck's, API manufacturing business in Éragny-sur-Epte, France, which manufactures porcine insulin API and recombinant human insulin API. In order to facilitate the acquisition, we established a subsidiary in France, Amphastar France Pharmaceuticals SAS, or AFP. We will continue the current site activities, which consist of the manufacturing and sale of porcine insulin API and recombinant human insulin API. As part of the transaction, we have entered into various additional agreements, including various supply agreements, as well as the assignment and licensing of patents Merck was operating under at this facility. In addition, certain existing customer agreements have been assigned to AFP.
Thank you! I had mis-read the relationship somewhere. It does make a ton of sense.
So in theory, we buy the insulan from A Merck subsidary, produce it as "A", and Merck markets it.
Or Merck buys the "A' franchise and still makes money on both ends.
Very interesting, and looks probable. Protectdenutz might have been right all along. Now lets hope he was right on the $56.00 PPS ;-)
Very interesting that Merck seems to have provided all of the insulin for Afrezza trials that eventually led to FDA approval. Seems to me that Merck has had Mannkinds back for quite some time and were simply waiting in the wings for FDA approval. Ladies and gentlemen I think we have our partner.