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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Comment by zakmirzaon Jan 20, 2016 10:47am
207 Views
Post# 24476401

RE:Some Facts

RE:Some Facts
zakmirza wrote: Historically FDA has approved a product 85% of the time when the Adcomm has been a yes. The FDA has rejected approval 86% of the time when the Adcomm is negative. Hmm! I feel approval is a toss up however. If Valstar with 10% success can get approved, MCNA with 25% success and significantly better safety and tolerability should be approved. Something, Adcomms this large are not common.

 
In the interest of accuracy, a slight correction. Between 2000-2010 the FDA approved NDA/BLA 88%(not 85%) when the panel has voted yes, coversely rejected it 86% of the time when the vote has been negative. Can we say approximately 15% chance of approval on Feb/27?
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