Posted by jrbecker76 on July 25, 2007, at 21:07:44
In reply to Re: When is Gepirone approval due? » Maria3667, posted by jrbecker76 on July 25, 2007, at 20:32:34
After reading this quote a few more times, I retract what I said in my last post (below). One thing is clear... GSK's quote on this issue is somewhat ambiguous. Here is the quote in question again...
"Gepirone ER has potential to be the first of a new class of antidepressants with no risk of sexual side effects or weight issues that many of the other antidepressants have. The FDA has accepted the file for review, and we'll know something by around November 2nd. While I don't think this is in many of the forecast models, this would be a nice upside if it's approved."
Rethinking it...this quote could mean that A) GSK and/or analysts are pessimistic on Gepirone's chances of approval OR B) this might refer to the fact that many analysts' forecast models have not included Gepirone in its potential earnings figures and that its approval would slightly boost them if it was approved. It's hard to know how to lean on this one. But I'll guess we'll know more in a few months.You can watch/view the GSK 2nd qtr presentation for yourself at GSK.com. The quote in question comes from slide #31.
http://events.ctn.co.uk/ec/gsk/361/protect/default.asp?
> Well, I'm not sure how confident GSK is about approval. This quote is from today's GSK 2nd qtr presentation. It's not clear how pessimistic an outlook this is, and whether or not this refers to GSK's perspective on it or just financial analysts'.
>
> "Gepirone ER has potential to be the first of a new class of antidepressants with no risk of sexual side effects or weight issues that many of the other antidepressants have. The FDA has accepted the file for review, and we'll know something by around November 2nd. While I don't think this is in many of the forecast models, this would be a nice upside if it's approved."
>
>
> http://seekingalpha.com/article/42321
>
poster:jrbecker76
thread:771351
URL: http://www.dr-bob.org/babble/20070719/msgs/772001.html