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Biotech / Medical : Texas Biotech (TXB)

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To: Bill Wexler who wrote (405)12/22/1997 11:10:00 PM
From: Brander  Read Replies (1) of 834
 
Bill, you said that "The FDA has nothing to do with this one way or the other."

What about this: "TBC (TXB) submitted a new drug application (''NDA'') to the U.S. Food and Drug Administration (''FDA'') for NOVASTAN(R) as anticoagulant therapy in patients with heparin-induced thrombocytopenia (''HIT''), which was accepted during October. The FDA
granted priority review status to the NDA, and the Company anticipates a decision on the approval of the NDA during the first half of 1998.

If TXB was a scam company, do you really think the FDA would grant their drug priority review status?

Brad
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