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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (2793)6/29/2010 6:10:50 PM
From: mlkr  Read Replies (1) | Respond to of 3722
 
APPY 093 now! cause of delay:
AspenBio Tumbles On Expected Delay In FDA Filing
Date : 06/07/2010 @ 9:39AM
Source : Dow Jones News
Stock : AspenBio Pharma Inc. (APPY)
Quote : 0.97 0.02 (2.11%) @ 3:50PM
noad


AspenBio Tumbles On Expected Delay In FDA Filing
Aspenbio Pharma (MM) (NASDAQ:APPY)
Historical Stock Chart

1 Month : May 2010 to June 2010
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DOW JONES NEWSWIRES


AspenBio Pharma Inc. (APPY) said additional data analysis following a recent clinical trial will likely result in a delayed application for Food and Drug Administration clearance of its test for acute appendicitis.

Shares slumped 42% to $1.95 in recent pre-market trading. Through Friday's close the stock has nearly doubled.

The pharmaceutical start-up company had expected to submit its 510(k) application by late this month for the blood-based test, known as AppyScore. However, additional analysis is needed because of "unexplained variability in results from site to site" in the initial draft of the report.