The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
9 pts

Opinion on  King Pharmaceuticals Inc. (KG)     Sector: Healthcare  >  Industry: Biotechnology & Drugs
Full Calendar of FDA Decisions

Nov 30, 2008 11:19 AM GMT
Mikerun
Return Risk
+1.04% LOW
Principal

Full FDA Calendar of Decision Dates


The accompanying table [click to enlarge] includes an updated calendar of 73 expected FDA decision dates. Click here for my previous articles and FDA calendars , including several companies with expected decisions before year-end expected to have major stock price impacts, but keep in mind the backlog of delayed decisions that is building means that none of the dates are certain to produce final decisions.
 
Genzyme (GENZ) could hear back from the FDA as early as Monday for approval of Myozyme at the 2,000L bioreactor scale for large-scale production, which was endorsed by an FDA panel in late October. Genzyme also submitted a sNDA earlier this week to expand the use of Clolar for adults with acute myeloid leukemia (AML) and should hear back from the FDA by the end of January whether the application is accepted and granted a priority review of six months.

A decision is also possible in December for JNJ and Medarex (MEDX) for a biological agent, Stelara (ustekinumab), in the treatment of psoriasis – with a FDA panel endorsement this past June and clinical trial results in September which showed it was more effective than Amgen's (AMGN) Enbrel in a short-term, 12-week study of patients with moderate to severe plaque psoriasis.

After reviewing the transcript of JNJ's most recent conference call, I have a correction on this calendar for ustekinumab as the BLA was originally filed on 11/29/07, resulting in a standard 10-month review target date of 9/29/08, which was then delayed by three months for a new PDUFA target of 12/29/08. Also, the correct PDUFA date for another biological agent for JNJ, golimumab (CNTO 148), should be 4/27/09 (instead of 3/27/09 as previously published) since the BLA was filed 6/27/08.


KG:  This call was made on 11/30/08 @ $9.35
Rating:   Positive   $9.35 (11/30/08)
Closed:   12/07/2008 @ $9.79 (+4.71% in 7 days)


Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 21.10 +34.56% 370
2 18.14 +69.43% 207
3 17.66 +25.71% 53
4 13.47 +14.32% 61
5 12.13 +75.75% 34


POPULAR STOCKS
Symbol Company Name Sentiment

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
King Pharmaceuticals Inc. (KG)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
90.0%
Top:
100.0%




Latest Picks by Mike Havrilla
Symbol SP Sentiment Rating Return Since
IMUC N/A Positive n/a 11/09/09
EXAS Positive +1.52% 11/07/09
NFES N/A Positive n/a 11/07/09
ESALY N/A Negative n/a 11/04/09
PFE Negative -2.95% 11/04/09

View All >
   
Mike Havrilla previously rated KG
Positive +20.46% FDA Calendar Updates: KG, PTIE, DRRX, ALTH, TRIB, CBST, DYAX
07/07/2009
9
Positive -1.56% FDA Calendar Updates: ACUR, KG, MYRX, NEPH, Eisai
07/02/2009
9
Positive +4.45% FDA Calendar Updates: Royal Returns for King Pharma
05/11/2009
9
Positive +20.21% BioMed Stock Movers: DNDN, EXAS, KG
04/08/2009
9
Positive +11.00% King Pharma: A Value Play on New Drug Approvals
03/19/2009
9
Negative -11.63% BioDelivery Sciences: A Bet on FDA Approval of Onsolis
03/05/2009
9
Neutral/Hold -25.87% FDA Decision Calendar: Pain Drug Delays Likely
02/10/2009
9
Positive -14.71% Stock Ideas from ETF Innovators New Indexes
12/07/2008
9
Positive -0.95% Stock Picks for Healthy Returns
11/25/2008
9
Positive -2.07% Full Calendar on Tap for FDA through Year-End
11/13/2008
9
Positive +10.80% More Pain to Come from the FDA?
10/22/2008
9
Positive -11.59% FDA Decision Date Calendar for 2009
09/24/2008
3





IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch