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Re: DewDiligence post# 59650

Monday, 04/21/2008 8:30:38 PM

Monday, April 21, 2008 8:30:38 PM

Post# of 257485
ALO – Here’s an excuse I haven’t seen before for withdrawing an NDA. The company says “certain issues” prevented the FDA from evaluating the NDA within the six-month window allotted for Priority Review and hence ALO will resubmit the NDA later.

http://biz.yahoo.com/iw/080421/0388936.html

Embeda is a formulation of morphine that contains embedded naltrexone. If a user crushes the capsule, the naltrexone is released and it supposedly averts a morphine-induced high, serving as a deterrent to abuse.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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