In the presentation given by Alchemia today, the company has admitted that FDA approval times are increasing.
In the Southern Cross Equities Conference Presentation, there is the usual 'expected soon' blurb, but ACL clearly admit that FDA approval times are increasing.
Does this mean yet more delays for fondaparinux? Maybe. If it doesn't, why admit it?
If I held Alchemia, I would be concerned at this. Having said that, the stock has started to be sold off today, so maybe this bad news is not just my view......
not good - alchemia admits fda approval delay
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