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FDA Calendar Stocks on the Move: DSCO, VION, NFLD

BioMedReports.com has released new data from their exclusive FDA and Clinical Trial calendars which affects Vion Pharma, Discovery Labs and Northfield Labs.

 



(EMAILWIRE.COM, April 17, 2009 ) Los Angeles, California- Below is a summary of updates to the BioMedReports.com database of 241 entries included in the FDA and Clinical Trial Calendars.

1.) Vion Pharma (VION.OB): Onrigin (laromustine) Injection (formerly known as Cloretazine or VNP40101M) NDA requesting approval as a single agent for remission induction treatment for patients age 60 and older with de novo poor-risk acute myeloid leukemia (AML). The NDA was filed 2/17/09, accepted by FDA for standard, 10-month review on 4/17/09 with a PDUFA decision date of 12/17/09.

2.) Discovery Labs (DSCO): Surfaxin (lucinactant) NDA for prevention of respiratory distress syndrome (RDS) in premature infants. DSCO received its third approvable letter for Surfaxin last May and submitted its complete response to the FDA in mid-October with an expected decision date of 4/17/09. The stock price dipped below a dollar after the FDA issued a six-month Class II review (as investors hoped for the shorter 60-day Class I review) for the NDA re-submission, and recently traded all the way up to the $2.40 level. However, shares are down 20% during intraday trading todal on heavy volume exceeding 11M shares ahead of the expected PDUFA date on Friday.

3.) Northfield Labs (NFLD): PolyHeme BLA (priority review) for life-threatening red blood cell loss. The FDA accepted the Company's BLA for PolyHeme and granted a priority review in the treatment of life-threatening red blood cell loss with a PDUFA date of 4/30/09. Shares are trading up 13% during intraday trading today on heavy volume of 1.5M shares as the decision date nears for PolyHeme.
Below is a link to 12 extreme trades on pending new drug decisions by the FDA for companies with market caps below $200M:

Get The Full Report Here:
http://biomedreports.com/articles/most-popular/790-a-dozen-extreme-fda-trades-on-new-product-decisions.html


About BiomedReports.Com

BioMedReports.com is a news portal covering the biomedical news and financial sector. It features its own blog, discussion forum, stock research reports, news feeds, videos, press release capability, stock commentaries, and other unique content – including FDA and Clinical Trial Calendars plus a database that includes about 1,000 stocks and exchange-traded funds from the healthcare sector which are organized into various new healthcare stock indexes.

For more biomedical sector and investment news, go to BiomedReports.Com (http://www.BiomedReports.com )

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Disclosure: No positions.

Certain sections of this report contain forward-looking statements that are based on our reporters' expectations, estimates, projections and assumptions. Words such as “expects,” “anticipates,” “plans,” “believes,” “scheduled,” “estimates” and variations of these words and similar expressions are intended to identify forward-looking statements, which include but are not limited to projections of revenues, earnings, segment performance, cash flows, contract awards, FDA announcements, trial and drug approvals, and company stability. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors including but not limited to the status or outcome of legal and/or regulatory proceedings.

All forward-looking statements speak only as of the date of this report or, in the case of any document incorporated by reference, the date of that document. All subsequent written and oral forward-looking statements attributable to the company or any person acting on the company’s behalf are qualified by the cautionary statements in this section. BiomedReports.Com does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this report.

Contact Information:
BiomedReports
M.E. Garza
Tel: (323) 472-4480
Email us


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Vion Pharma (VION.OB), Clinical Trials, FDA Approvals, FDA Clinical Trials, Investing, Stock Market, investment tools, biomedical, biotechnology, biomedical investors, investors, nadaq, dow, health stock

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