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biosectinvestor

09/03/17 8:31 PM

#132912 RE: tryn2 #132905

If you're coming to them expecting them to do something faster than is typically expected based upon mandated timelines, sure.. they very likely will tell you that, and that's very reasonable. Wise drivers of transactions before the agencies know this ahead of time and plan accordingly. The expectations on timing are pretty reasonable and often set by regulation. A lot of times what slows things down is that they ask questions that the drivers of the transaction haven't thought through yet, and they need to be addressed before they can move the transaction forward. That's their job. Of course most people wish no one ever got in their way and they could do whatever they wished. But, that's not a reasonable expectation at many levels, and it's not arbitrary or capricious that agencies follow a procedure for approval, including most often, timelines for getting back. And yes, they actually can be quite responsive and you might know, in some instances, fairly quickly, what the issues are and how you might address them.

Been dealing with agencies and SRO's on various matters for a few decades and more myself.