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DewDiligence

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DewDiligence

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Re: genisi post# 101525

Wednesday, 09/28/2011 5:12:46 AM

Wednesday, September 28, 2011 5:12:46 AM

Post# of 257574
Astellas terminates development of darexaban (YM150):

http://www.reuters.com/article/2011/09/28/astellas-idUSL3E7KS17D20110928

The decision is not surprising insofar as darexaban was a day late and a dollar short relative to the competition (Xarelto, Eliquis, Pradaxa), as discussed in the prologue of #msg-66651733. Astellas previously submitted an application for marketing approval in Japan (#msg-55022218), but then quietly withdrew the application.

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

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