The Fact that...No News update regarding the outcome of the IND from the FDA yet...it means No News is Good News about it.
Normally,The FDA will send a Hold Notice/Letter No more than 30 Calendar Days from the Day the IND submission-received by the Agency...if they need more documents/data etc from QNTA.
I am following 2 Biotech companies that received a"HOLD" Letter from FDA for their IND for Phase i Clinical Trials...as the Agency more Data/docs etc.
Read and understand what this News means... Medolife Rx Submits Final Data Set to FDA for IND Filing on Lead Drug Candidate
This data, as well as the batch of Escozine® that was produced specifically for the FDA, has now been submitted. After the review of the data and barring any further inquiries or requests, the FDA will designate IND status for Escozine®, essentially allowing the drug to be distributed in the US. After such designation, the Company will pursue other clinical applications of Escozine®, including as a potential cancer therapeutic where the Company has already released positive clinical results.
Pay attention and Connect those colored Blue lines as one Sentence.
Is your palm getting itchy?then a News is @ hand in a few hours.::)))
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