Aurinia Pharmaceuticals Inc (AUPH)

[moosedogger]

Why in the world would FDA not approve VOC?

I can think of 2 reasons:

A. Corruption- not unknown at the FDA. Bribes from GSK? Why not? Very possible at Iljin, which means 'gangsters' in Korean. Virtually zero possibility at AUPH.

B. Incompetence- The FDA is a gov't entity. Bureaucrats too frequently make surprisingly bad judgments. I can picture some fool saying "They already have Benlysta, why do they need another LN drug?"

Both reasons seem very far fetched. In an honest and competent world, VCS is a lock.

cheers