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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Biomaven who wrote (4560)4/6/1998 11:51:00 AM
From: Russian Bear  Read Replies (3) of 9719
 
A question for any and all:

Does anyone have any thoughts on the Cephalon (myotrophin) FDA advisory panel meeting cancellation?
biz.yahoo.com

I am puzzled by the purported reason behind the cancellation: ostensively, to allow the FDA to continue its review of the myotrophin NDA. My "gut feeling" is that this is not that bad a thing (after all, they could easily have held the meeting on Thursday, as planned, and recommended against approval. That would have been far worse, No?)

I know that many of us (but, alas, not I) are quite good at reading between the FDA's lines. What do you think?

BTW, I have no position in CEPH or CQE, but I am giving the prospect serious consideration.

Thanks,
RB
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