Questcor [NASDAQ:QCOR] should get good news tomorrow |
Biotechnology Companies | |||
Written by Hugh McManus | |||
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I reviewed the advisory committee briefing document on H.P Acthar Gel(R) from the FDA and I think that there's good news in the near future for Questcor Pharmaceuticals. Questcor is an emerging pharmaceutical company located in Union City, CA—the Bay Area. The company submitted an NDA for an already prescribed medicine: the medication was used for an off-label application of a childhood ailment of Infantile Spasms. The API is already used for the treatment of indications associated with multiple sclerosis. It should be noted that this product is already approved in different ways for over half a dozen other indications; already published results have been reanalyze for this most recent submission. Questcor is looking for specific approval or an extension to include Infantile Spasms.
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