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DepoMed Inc. Message Board

  • fly767767 fly767767 Feb 25, 2011 3:41 PM Flag

    Updates.

    So in preparing for my ABT report, i managed to have a quick chat with IR & public affairs.

    Their lawsuit win with JNJ, they are very happy about it. The ball is in JNJ & NYU's court, but considering one patent was invalidated... they dont know what to expect... but the next move would be from JNJ and not them. They dont anticipate anything.

    with regards to DEPO: They are in "full compliance for that product". She "doesn't know too much about it", "its a small product"...

    They way she responded was that they already paid the milestone, or are going to pay it. She said they are in mediation, working it out, but "intend to be fully compliant"

    she said "small product" 2-3 times. The way she was responding was as if she was reading off pre-screened responses.

    But when I prodded about the fact that there were some mentions in previous transcripts of CCs about the product, and I asked again what are ABTs goals for the product... she said "they don't have any" and they are working it out in mediation.

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