InvestorsHub Logo
Followers 505
Posts 6242
Boards Moderated 0
Alias Born 09/20/2006

Re: Investor100 post# 47781

Friday, 09/09/2011 7:23:41 AM

Friday, September 09, 2011 7:23:41 AM

Post# of 97237
OT:FDA panel votes for OK of J&J, Bayer drug

LOS ANGELES (MarketWatch) -- A U.S. Food and Drug Administration advisory committee has voted to recommend that the agency approve an anticlotting drug made by Johnson & Johnson /quotes/zigman/230812/quotes/nls/jnj JNJ -0.73% and Bayer AG /quotes/zigman/144259 BAYRY -2.08% /quotes/zigman/560378 XE:BAYN +2.18% , according to news reports late Thursday. The panel voted 9-2, with one person abstaining, in favor of Xarelto's approval. The vote comes on the heels of a report by FDA staff that raised objections against Xarelto, or rivaroxaban. The FDA generally follows the recommendations of advisory panels, but isn't required to act in line with the recommendations.

http://www.marketwatch.com/story/fda-panel-votes-for-ok-of-jj-bayer-drug-2011-09-08?dist=beforebell

Investor 100

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.