OTCQX:MRVFF - Post by User
Comment by
PDMitchellon Jul 31, 2009 12:26pm
396 Views
Post# 16182172
RE: RE: What if approval came down Monday?
RE: RE: What if approval came down Monday?Consultant
You asked,
"Does the FDA not make public the decision and if so how much after notifying the company? I have no idea of the procedure."
It's my understanding [I could be mistaken] that the FDA would send a FAX to the company with its decision. I assume that it does make such decisions public but almost certainly not before the company has time to digest the decision and release news.
Certainly years ago when Dimethaid received -ve news from the FDA it was not made public.... not even by management. As old timers will tell you, the company told investors that the FDA decision could be 'any day now' even though they had it years before.
cheers
pdm