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Biotech / Medical : Biotime-Nasdaq's best kept secret? -- Ignore unavailable to you. Want to Upgrade?


To: Doug Heuring who wrote (847)4/23/1998 4:43:00 PM
From: TheGoodDoctor  Read Replies (1) | Respond to of 1432
 
Doug,

BioTime applied for an expedited review process. The FDA will let BioTime know whether or not they will get an expedited or "fast-track" processing within two months (60 days) from the time the NDA (New Drug Application) was submitted. Since BioTime submitted the NDA at the end of March they/we should know by the end of May or beginning of June. If they are approved for an expedited review then the decision regarding approval (or not) of Hextend will occur within six months. If BioTime does not get an expedited review, then the review process may take up to eighteen months. At this point there's no way to predict what will happen - the longs and the shorts on this stock have already made their points pro and con - all we can do is wait.

TheGoodDoctor