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Biotech / Medical : NKTR Drug delivery Company -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (3)11/3/2005 2:49:55 PM
From: tuck  Read Replies (1) | Respond to of 507
 
PDUFA date extended to late January:

SAN CARLOS, Calif.--(BUSINESS WIRE)--Oct. 28, 2005--Nektar Therapeutics (Nasdaq:NKTR - News) reported today that Pfizer and sanofi-aventis, a member of the sanofi-aventis Group, said today that the U.S. Food and Drug Administration has notified the companies that it is extending its original review period for Exubera® (insulin (rDNA origin) powder for oral inhalation) by three months to review additional technical chemistry data submitted by the companies.

In September, an FDA Advisory Committee recommended approval of Exubera for the treatment of adults with type 1 and type 2 diabetes. FDA is not obligated to follow the Advisory Committee's recommendation, but usually does so. Pfizer and sanofi-aventis continue to work closely with the FDA so that this important medicine can be made available for patients.<<

snip

I guess this didn't come as a big surprise, as the share price seems more or less unaffected.

Cheers, Tuck