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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?


To: john.d who wrote (7481)7/4/2001 3:06:07 PM
From: john.d  Read Replies (2) | Respond to of 14101
 
Here's the part of the announcement that is very disappointing. The EU mutual recognition did not officially commence until today. Just lovely. Doesn't appear to be a Dimethaid initiated delay but disappointing none the less.

John

Separately, Dimethaid has been informed by the United Kingdom Medicines Control Agency,
the Company's Reference Member State (RMS), that because of dossier processing delays by
the Concerned Member States (CMS), the 60-day review period of the EU Mutual
Recognition Procedure (MRP) officially commenced on July 4, 2001. According to the MRP
regulations, this review period should have begun shortly after the filing of the UK's
Assessment Report on May 9, 2001. As a result, decisions from the 13 CMS are expected to
be forthcoming by the end of summer. The delay in EU approvals has no bearing on the
Company's negotiations with potential distribution partner(s) in the CMS and the Company
continues to work towards their completion prior to further EU approvals.



To: john.d who wrote (7481)7/4/2001 3:45:55 PM
From: Joe Krupa  Read Replies (1) | Respond to of 14101
 
John,

I not going to blame Dimethaid. As far as the nr is worded, it is burocratic red tape that held it up, not management's failure. It means another couple months and nothing more than that. I hope a partner is brought much sooner than that though and I suspect Rebecca will try her best to do just that.

joe



To: john.d who wrote (7481)7/6/2001 1:11:12 AM
From: jef saunders  Read Replies (1) | Respond to of 14101
 
so bahamas / nassau is not included ?