Will they still throw naked shorts at it to keep it down? There has to come a point where the data/news matters. Just don't know what the breaking point will be.
Sentiment: Strong Buy
EU approval would come in June, not March.
The CHMP advisory committee meeting and decision is expected in March.
If it is "limited" approval then there might not be a major change in the pps unless the partner upfront payment is substantial enough.Avanir could accomplish this bigger payment by guaranteing the pain indication when available.