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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: biowa who wrote (4581)	4/7/1998 11:35:00 PM
From: Rocketman	Read Replies (2) \| Respond to of 9719

Yeah, but that's what makes it fun - legalized online gambling, I mean trading. I think the FDA could be avoiding its committee altogether because they want to approve this sucker badly and they figure the committee is stacked against it, so why give them a chance to say no and muddy the approval process. My bet is that the FDA approves Myotrophin before the deadline without a committee meeting. If they disapprove of it, I think they fear that there will be hell to pay with Congress, who happens to be in election year mode, even though the official FDA position will be that they don't bend for politics or people lobbying. The FDA doesn't want to be the evil cause to be beaten up for the year and threatened with reform (read layoffs), so I'd figure that they'd rather approve something with marginal efficacy, but a good safety profile than risk the wrath of the people and Congress. But hey, maybe they'll convince CEPH to withdraw the application and resubmit so they can start the clock over again so they have enough time to review it, again and again and again and again and again and again and again and again and again again and again and again and again and again and again and again and again and again again and again and again and again and again and again and again and again and again again and again and again and again and again and again and again and again and again again and again and again and again and again and again and again and again and again again and again and again and again and again and again and again and again and again again and again and again and again and again and again and again and again and again again and again and again and again and again and again and again and again and again again and again and again and again and again and again and again and again and again again and again and again and again and again and again and again and again and again again and again and again and again and again and again and again and again and again, etc............. Rman