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Biotech / Medical : ASRT (MC $100M) FDA Decision on October 19=200%++Potential
ASRT 0.746-0.5%Oct 31 9:30 AM EDT

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From: BioHero10/8/2019 11:26:09 AM
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Guys better avoid this stock there is some manufacturing risk so FDA likely to reject the drug .I dont know if they resolved that issue but i think its better to avoid the stock but its your own decision .GL

fool.com

With regard to our NDA filing for our long-acting cosyntropin for the diagnosis of adrenocortical insufficiency, our filing remains under active review, and we continue to move forward toward a scheduled PDUFA date of October 19. Our partner, West, the product supplier and IND holder, continues to investigate the manufacturing issue we discussed at our first-quarter earnings call.

The significance of these manufacturing models remains unclear. However, if these manufacturing issues are not resolved in a timely manner, it is possible this could impact cosyntropin approval, or if approved, we may not be able to launch the products until these issues are resolved.
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