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Biotech / Medical : Biotech Valuation
CRSP 52.51+2.7%Nov 14 9:30 AM EST

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To: Biomaven who wrote (2630)1/22/2001 10:45:12 AM
From: Biomaven  Read Replies (1) of 52153
 
Here's the FDA review of approvals in 2000:

fda.gov

Overall, not a very exciting year for drug approvals.

In Fiscal Years 1999 and 2000, FDA reviewed 100% of new molecular entities (NMEs, or products with ingredients never before marketed in the United States) within their PDUFA goal dates.

SGP and SEPR would be interested to learn this. <g> Unless they are not treating Claritin II as a NME? I would have thought it was - it's a metabolite of Claritin, and so has never been marketed before. Maybe some brave soul would like to navigate the bureaucracy and ask them?

Peter
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