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Foose

08/18/18 3:28 PM

#53247 RE: mcsharkey #53245

We are not yet an approved excipient for pharma. All we have is administrative acceptance of the DMF. Next Colorcon milestone will signify acceptance. But any investor in FDA/pharma cos will tell you, FDA regulatory process doesn't come quickly. That's why its best to not count on the next milestone payment in any given quarter.