FDA delay keeps patients and Hemispherx Biopharma (Amex: HEB) investors on hold
LOS ANGELES - 05/26/09 - BioMedReports, the news portal covering the biomedical news is reporting on the announcement that the U.S. Food and Drug administration (“FDA”) has advised the company that it may require up to 1-2 additional weeks to take action beyond the scheduled Prescription Drug User Fee Act action date of May 25, 2009 on the New Drug Application for Ampligen® (Poly I Poly C12U).
Reaction from the Chronic Fatigue Syndrome community and other details on the news can be found at BiomedReports.com. Shares of the company were up over 27% in early trading as investors interpreted the development as a positive sign that an approval is coming.
Biotech investors interested in seeing the complete database of clinical trials and upcoming FDA decisions can access that information here:
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