Gee Madam..I didn't realize you have such insight to the board of TEVA...I see your propheric powers are coming back...
I was thinking maybe /could have something to do with the following:
(1) the fact that REVASCOR was the most expensive R& D program in their history ( at $150m +) ..not in the decade but history. TEVA are used to spending sub $50m on R & D ( there are generic company ..as you know).
(2) when they worked out the massive scale up in Sales & Distribution set up costs which would be incurred when no Cardio franchise exists
(3) focusing on completing a $40bn deal.
I think Dolce inferred , the Teva downline staff running the CHF trials may have had a different view. But the board make a decision based on effective use and allocation of scarce resources (particularly in funding the massive debt Teva are taking on in completing Allegan deal) ...
... bottom line..your a funny fella madam...real funny !! (particularly when you become verrry serious and are on to of your game)
Best,
Gee Madam..I didn't realize you have such insight to the board...
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