
We're dropping coverage of DOV Pharmaceutical DOVP in order to focus on other investment opportunities in the health-care sector. DOV continues to teeter on the edge of bankruptcy
2007 instead of 2009. We're placing Neurocrine under review while we revisit our assumptions, and because DOV Pharmaceutical DOVP is entitled to a royalty on any indiplon sales, we are placing that firm under review as well. The event moves
On Wednesday, DOV Pharmaceutical DOVP terminated its development and marketing agreement with Merck MRK, which covered compound DOV 216,303 for depression. DOV
estimate by a few dollars after revisiting our assumptions. The event may also be the nail in the coffin for DOV Pharmaceutical DOVP , a company on the verge of bankruptcy that depends on royalties from indiplon sales; we already value DOV at
DOV Pharmaceutical DOVP may file for bankruptcy following Nasdaq's decision to delist its stock. Our fair value estimate remains $0. Thursday's
DOV Pharmaceutical DOVP made two announcements Tuesday that, while important, do not affect our fair value estimate. First, the company plans to shift
DOV Pharmaceutical DOVP received a notice from the Nasdaq on Monday that is likely to lead to the delisting of the stock. The event doesn't affect our
Neurocrine Biosciences NBIX and DOV Pharmaceutical DOVP were disappointed Thursday when Pfizer PFE walked away from its agreement to market indiplon for insomnia. We'll investigate
DOV Pharmaceutical DOVP shared its analysis of the failed bicifadine trial on Monday. We're maintaining our fair value estimate; we remain pessimistic
indiplon's sales potential in the absence of a 2006 launch. We're also placing our fair value estimate for DOV Pharmaceutical DOVP , a company entitled to a 3.5% royalty on indiplon sales, under review. Now that DOV's bicifadine compound