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Momenta Pharmaceuticals (MNTA -1.8%) lands on the radar of analysts due to a lush collaboration...
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Wednesday, December 28, 2011, 3:04 PM ETMomenta Pharmaceuticals (MNTA -1.8%) lands on the radar of analysts due to a lush collaboration deal it scored with Baxter and its strategic position in the growing "biosimilars" field. One estimate has the market for biotech generics running as high as $5B over the next few years, with drug offerings from firms such as MNTA and BIIB looking as a cheaper alternatives for strapped health care programs.
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