RespireRx Pharmaceuticals Inc (RSPI)

[scstocks]

going up against the FDA

hello aiming4,

we have talked some about going up against the FDA, using the formal review process, and i never did find that article on what happened to the companies sited in the article, except it wasn't pretty.

there is a company, symbol DDSS, that posted just such an anoucement this morning:

9:26AM Labopharm appeals FDA's decision on once-daily tramadol (DDSS) 23.94 : Co announces that it has initiated the FDA's Formal Dispute Resolution process, appealing the Agency's decision regarding the co's once-daily formulation of tramadol. DDSS received a second Approvable Letter from the FDA for its once-daily formulation of tramadol in May of this year. The co firmly believes it has met the statutory standards for approval of its once-daily tramadol formulation.

http://finance.yahoo.com/marketupdate/inplay

Now when i first read that, I thought, good they are trying to stand their ground and do what's right. But the stock dropped to a new 52 week intraday low on the news.

Going against the FDA can be tough. Maybe it is some issue they can peacefully resolve, but it sounded pretty final when i read cor's news a few days ago.

i know very little about ddss, but found this news interesting and it may apply a little towards what cor is up against....