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Biotech / Medical : Texas Biotech (TXB)

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To: KEN HOFFMAN who wrote (673)5/11/1998 1:45:00 PM
From: Brander  Read Replies (1) of 834
 
Ken, it depends on how long you want to wait. TXB is dead in the water for now. They certainly could recover, but it is going to take
months. I think the minimum time it will take the FDA to even blink at Novastan again is 6 months. I would really like to know what problem the FDA had with the submission. It must have been significant, because a medication that coveres the niche Novastan was supposed to is greatly needed.

Brad
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