![](https://investorshub.advfn.com/uicon/522650.png?cb=1464431304)
Friday, September 16, 2016 10:38:26 AM
More than one opioid company has gotten unexpected bad news since Cahill took over the FDA. Last we heard of an FDA opinion on Rexista was in May 2015, when IPCI reported the FDA letter that said no Phase 3 was required. Califf took over FDA a year later, in April 2016, after a significant public scolding from the U.S. Senate regarding the FDA's opioid approval process -AND- the FDA's cozy relationship with drug companies.
There have been many changes at the FDA since IPCI released any public info regarding current FDA guidance on Rexista. The company has now missed multiple self-imposed deadlines for Rexista NDA filing. While there are many possible explanations for this, one significant possibility is that the company does not feel confident with the application based on their most recent discussions with Robert Califf's "New" FDA.
https://www.ket.org/opioids/dr-robert-califf-on-the-fdas-action-plan-for-drug-addiction/
“There’s no question but that, over the last 10 to 15 years, there’s been too much opioid prescribing, and I think that almost everyone now is familiar with the history here,” Califf says.
...
Califf feels strongly about the responsibility of the pharmaceutical industry to reform its marketing practices. “There’s no question that the history of marketing opioids is a sinister part of American history that will be looked back upon very negatively,” he says.
Historic note: Until his life's destiny was further clarified, Robin Hood spent several years robbing from the rich and giving to the porcupines. (G. Larson 7/26/82)
Recent IPCI News
- Suspension de la négociation par l'Organisme canadien de réglementation des investissements - IPCI • PR Newswire (Canada) • 03/06/2024 12:55:00 PM
- Canadian Investment Regulatory Organization Trading Halt - IPCI • PR Newswire (Canada) • 03/06/2024 12:51:00 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM