> NBIX – Finally, does this ring false to anyone else? PFE punts the drug for want of a food-based PK/PD trial? Very strange.<
PFE pulled out because of the separate non-approvable letter for sustained-release Indiplon, calculating that immediate-release Indiplon was not a sufficiently differentiated product to bother with. Today’s NBIX news does not have any bearing on the wisdom of PFE’s move.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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