Amgens Bio Amgevita is dead in the water in EU for at least a year, and dead in U.S. Until 2020. We hold patent protection in the EU until April 2018 and it will be a long desperately struggle to launch the biosimilars in European markets and they won't succeed any time soon. Rick already stepped on them in U.S. By filing an infringement lawsuit. Out of the $16B in sales only $5B is in EU with $10B in U.S. Don't believe the fake news about this. Amgen didn't have the balls to do at risk launch like they hinted about back in December. NONE of the single switch studies that are being done now would meet the FDA's standard. EVEN If Amgen somehow managed to launch in EU in May 2018, Wall Street consensus for impact on stock would be ONLY $4 decline based on current $66 price Ricks a genius