InvestorsHub Logo

birzinho

09/24/14 5:00 AM

#35217 RE: raistthemage #35216

Yes, you're right, but it depends on the case. Regarding this one, surely it is unprecedented, and then you must consider that "science" and the evaluation of "scientific issue" is involved, and a judge probably won't decide on this kind of matter without experts' hearings
and s.o.

HDGabor

09/24/14 6:09 AM

#35221 RE: raistthemage #35216

R-

Amarin could sue the FDA after the final denial by the Commissioner. 2(3?) level is remaining till that and one level is at least 2 months, but could be 5. The final denial could be expected around March 15 and the case could be filed in April as the earliest.

Amarin has two basis:
a.) FDA’s approach is wrong. It’s a science dispute.
b.) the timing of the rescission. It’s the stronger, since FDA has 2 years after Accord-Lipid AdCom, however if the period counted from the date of the submission … (sorry, it’s a new think. I do not like it also)

The final ruling date (mid-2017) is just a guess from me, however do not forget that it could be more than one round / court if the first ruling will be appealed. ie.: Ivy vs FDA first round was 2 years!

Ivy vs. FDA

D.C. DISTRICT COURT RULES FDA HAS INHERENT AUTHORITY TO RESCIND 510(K) CLEARANCE IN "RARE SITUATION

brinzinho – if necessary feel free to translate it :-)