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Navidea Biopharmaceuticals (NAVB -4.3%) slips on disappointment that the FDA is giving a six...

Navidea Biopharmaceuticals (NAVB -4.3%) slips on disappointment that the FDA is giving a six month window to approve Lymphoseek, its Lymphoma diagnostic tool, rather than the two-month review time-frame some investors were betting on. The agency had rejected NAVB's first application in September, citing problems caused by its third-party manufacturer, and it now has to re-inspect the manufacturing site before deciding on the drug.
Comments (2)
  • How is this not good news we knew it would be a Class 2 resubmission as the FDA must reinspect the facility. This stock always sells off in a knee jerk reaction.
    14 Nov 2012, 11:20 AM Reply Like
  • exactly
    14 Nov 2012, 01:05 PM Reply Like
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