This outcome is not especially surprising insofar as the FDA advisory panel rejected Xarelto for this indication by a 6-4 vote (#msg-75925282).
JNJ has a separate NDA submitted for Xarelto in the PCI sub-indication of ACS, a bifurcation of the ACS indication that looks pretty smart in hindsight (#msg-75916451).
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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.