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9 pts

Opinion on  Barr Pharmaceuticals Inc. (BRL)     Sector: Healthcare  >  Industry: Biotechnology & Drugs
Updated FDA Calendar of 72 Decision Dates

Oct 30, 2008 02:29 PM GMT
Mikerun
Return Risk
+1.04% MID
Principal

Updated FDA Calendar of 72 Decision Dates



The accompanying table [click to enlarge image] presents an updated calendar of expected FDA decision dates, including a new NDA filing by Johnson & Johnson (JNJ) for Comfyde and recent approval for Barr Pharma's (BRL) low-dose birth control pill Lo-Seasonique. Teva Pharma (TEVA) has closed a deal with Barr's unsecured credit holders in an effort to close its proposed $7.5B acquisition by year-end, which will expand Teva's generic drug business and also add to its line-up of brand name medications through Barr's strong presence in birth control. Another new filing includes Northfield Lab's BLA for the hemoglobin-based blood substitue PolyHeme, with an expected ruling by the FDA on 12/28/08 as to whether they will accept the application and rule on it within six months as a priority review -- which would result in a final decision as early as 4/28/09.


BRL:  This call was made on 10/30/08 @ $61.98
Rating:   Positive   $61.98 (10/30/08)
Closed:   11/06/2008 @ $61.59 (-0.63% in 7 days)


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ozipek   N/A     1 point   commented 412 days ago reply

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