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Biotech / Medical : VD's Model Portfolio & Discussion Thread
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To: Rocketman who wrote (4584)4/8/1998 9:55:00 AM
From: Biomaven  Read Replies (1) of 9719
 
Rman,

I actually think the DEPO debacle was something of a wake-up call to the FDA, and my guess is that they are trying to reign in, or at least more tightly channel, the advisory committees. The unexpectedly broad CORR approval was a recent example of the FDA outright ignoring the committee recommendations.

If this is what is going on, then your view may be right. From a strictly personal financial view, I hope not, because CEPH is a component of the BTK index, and I am very short the index.

Peter
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