Novartis
For a pair of small biotechs, though, sales of certain Novartis drugs were very important.
Investors in Momenta Pharmaceuticals
Enoxaparin sales in the second quarter came in at $284 million. It's a blockbuster during its current run because Novartis is the only supplier of the generic drug. We won't know Momenta's exact share of the partnership until the company releases earnings, but we can assume it'll show a substantial profit again this quarter. In the first quarter, Novartis sold $247 million worth of enoxaparin, which resulted in it handing over nearly $76 million from the profit-sharing agreement.
Next up, Momenta's investors will have to turn their eyes toward Teva Pharmaceuticals
Vanda Pharmaceuticals'
One biotech that investors won't have to play the sneak-peek game with is Human Genome Sciences
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