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from Wednesday, July 9, 2008

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FDA Nixes "Approvable" Letters
Matthew Herper
by Matthew Herper  7-9-2008   
 This could make the world less confusing -- "approvable letters" and "nonapprovable letters" both mean "we're not approving this drug." But it could also mean less info for investors -- the two types of letters were at least a way of communicating how forcefully the FDA was saying "No." It will be interesting to watch how this develops.
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