I am hoping BMY will not settle the CVR lawsuit before it goes to trial. Very high probability of winning the law suit and CVR holders will be rewarded at least $5.
A friend who was holding significant CVRs asked me recently if we get anything.
Yes. If BMY doesn’t settle and goes to the court very good chance of winning. FDA disclosed the reasons for not approval by PDUFA date are very basic safety and housekeeping items that should have been addressed and corrected well ahead of FDA on-site inspection. The issues like that at Fortune 100 companies I worked were in order even before an internal audit.