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Bullboard - Stock Discussion Forum 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 Discussion

TELESTA THERAPEUTICS INC > Orphan status approval chances
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Post by beechguy on Nov 04, 2014 10:34am

Orphan status approval chances

Between 60% and 70% of Orphan application are in fact approved, if they meet the criteria and are submitted properly. Most are within 90 days. We meet all their criteria and someone from Bioniche (don't remember if it was Berendt, Olds or Champagne) said they were confident it would be granted. The extra exposure will be nice if and when it happens. Beech
Comment by ORBnewbie on Nov 04, 2014 11:42am
It's interesting that we're approaching the 100 day mark. The longer this stuff drags out the more and more worried I become. Orphan approval will certainly be a nice milestone to meet and SHOULD provide more exposure for Bioniche....I guess we have to continue to wait and see
Comment by blartar on Nov 04, 2014 12:08pm
do you THINK it might take longer because we are a CANADIAN CO.  (just a thought.) GLTAL
Comment by 1wascallywabbit on Nov 04, 2014 1:00pm
Hate to say it, but we could get turned down for that reason, although that won't be the published reason. I am a Canadian working in the USA and there is a big push for all things American here. Don't really know how long the job will last for that reason. I suspect it will be a tough Pass.
Comment by enriquesuave on Nov 04, 2014 5:26pm
I don't think they would make it harder for a Canadian Company especially when the treatment could save many from getting a Cystectomy.  No one wants to have their bladder removed and end up with a tube coming out.
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