Replies to post #448331 on Anavex Life Sciences Corp (AVXL)

[Investor2014]

The evaluation of medicines, step-by-step

This time is interrupted by one or two ‘clock-stops’ during which the applicant prepares the answers to any questions raised by the CHMP. The maximum duration of a clock-stop depend on how long the applicant thinks it will take to respond, but must be agreed by the CHMP. The first clock-stop usually lasts 3 to 6 months and the second one 1 to 2 months.

Overall, the assessment of a new medicine usually lasts around a year.

Probable because most applications do have clock-stop timeout, don't you think?