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Biotech / Medical : CLTR COULTER PHARMACEUTICAL

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To: sim1 who wrote (627)10/22/2000 1:27:24 PM
From: lrb  Read Replies (1) of 666
 
<<The Food & Drug Administration is expected to approve Bexxar in November>>

I've been confused by the discussion of the status of Coulter's BLA and its relation to the potential acquisition of Coulter by Corixa. Some of the reports, like this one, have seemed to me to suggest that CRXA will be able to withdraw its offer if Bexxar is not approved.

Is it not true that what the FDA will approve or disapprove in November is the application, not Bexxar, and that if Bexxar itself is finally approved, that will come after the CLTR/CRXA deal is consummated or dissolved?

-- Larry
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