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Has OSL peaked at 26c at 100m mcap ?, page-71

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    For clarification as the PDF can fail to load. It took me 3 attempts to load it.

    I think firstly that the document is non-binding on the FDA. So they do not HAVE to respond within 30 days. I would think that 30 days refers to federal employee working days, which would be the standard unless calendars days are specified.
    upload_2016-1-6_21-47-49.png


    The application can be approved, approved with condition, staged approval or disapproval. It has to be bad for a disapproval, assuming the claim that alternative treatments are not good, and or this is a novel therapy unlike anything else used before.





    upload_2016-1-6_21-45-49.png

    Even a disapproval allows the applicant to submit amendments. And the game of ping pong commences, until one or the other gives up.

    upload_2016-1-6_21-56-55.png

    Do we know if an IRB approval has occurred yet, or is it the intention to arrange this post an IDE approval?
 
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