Anavex Life Sciences Corp (AVXL)

[ckent]

This corrupt FDA BP system is so broken. As we've seen lately, companies hold back more efficacious drugs so they can continue to milk the less efficacious drugs they already have out there. All while people suffer hoping for better treatment. Unfortunately, we're also going to see this with Blarcasemine. Even if they have all the analysis done (which they should - 8 months and supercomputers), instead of moving on it asap, they will shelve the data and wait for Rett in order to get the voucher; thus further delaying an efficacious Alzheimer's drug while people suffer and wait some more. Clearly the system is broken and needs overhaul.

Also, why would they not be discussing Blarcamesine with other authorities around the world (TGA, EMA, etc.) to seek some kind of approval or conditional approval, while working on Rett here? Again, is this a result of our broken system and corporate greed. I recall a statement by Missling that they are holding back with other agencies because we'll get a higher drug price in the US, thus eventually being able to set higher prices in other places. There's already plenty of profit that could be made on this paradigm shifting drug without having to hold it back to maximize profit while everyone suffers and waste away from these horrible diseases.