TELESTA THERAPEUTICS INC T.TST

interesting parallel to Telesta...

[zeroboot1]

from an oilprice.com article...
"...Doug Casey calls the FDA the “Federal Death Agency”.Sarepta has a drug for MD that patients say works, but the FDA says doesn’t.

A Group of Senators Wrote the FDA seeking approval. Janet Woodcock, who heads the FDA Center for Drug Evaluation and Research said to an overflow crowd that included hundreds of kids in wheelchairs “It’s possible to reach different conclusions based on the data presented today … Failing to approve a drug that actually works in devastating diseases — these consequences are extreme.”

This play could easily double or halve depending on the next “Federal Death Agency” review. I make no recommendation, but my point is twofold.

First, look outside the box for opportunities. The FDA created a panic opportunity when it issued a preliminary ruling against the drug. A final ruling is expected later this month.

Second, I wanted to mention the perverse influence of the FDA approving drugs that have serious side effects and not approving one where an overflow crowd of parents turned up begging the FDA to approve something that they believe does, especially when there have been no serious side effects.

[Mikepal]

Wish this was us - FDA delays decision https://www.wsj.com/articles/sarepta-fdas-decision-on-dystrophy-drug-delayed-1464181087  Just in case here is the link again: https://www.wsj.com/articles/sarepta-fdas-decision-on-dystrophy-drug-delayed-1464181087