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Biotech / Medical : Biotech Valuation
CRSP 56.00+8.5%Dec 3 3:59 PM EST
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To: aknahow who wrote (6311)5/10/2002 2:35:48 PM
From: Biomaven  Read Replies (1) of 52153
 
george,

I think that the AC will vote to approve Amevive, but that there will be some dissension. Further, given the intense competition in this area, I expect any Amevive problems will be thoroughly reported. In the current FDA environment, anything else but a sparkling vote of approval risks delays from the FDA.

A biologic for psoriasis is new territory, and so the AC and FDA will take a cautious approach.

Peter
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