Recs

0

Optimer's Upcoming FDA Decision: Memorable or Memorial?

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

The Food and Drug Administration aims to make a decision on any drug marketing application within 10 months -- six months, if the drug is given a priority review. Many drugmakers hear back on the exact day of the deadline, referred to as the PDUFA date.

Optimer Pharmaceuticals (Nasdaq: OPTR  ) won't. The PDUFA date for its antibiotic, Dificid, is Monday, which happens to be Memorial Day. Unless the FDA starts working holidays -- don't count on it -- the company will likely get a decision on Friday, or maybe not until Tuesday.

In the big picture, a few days won't make a bit of difference. While antibiotics from Johnson & Johnson (NYSE: JNJ  ) , Theravance (Nasdaq: THRX  ) , and others have all had trouble getting past regulators in recent years, I don't see Optimer having much difficulty. Given the generally positive FDA documents, followed by a unanimous recommendation by the advisory committee, an approval seems likely, whether the FDA works to clear its desk for the three-day weekend or saves it for next week.

What kind of label Dificid will get, on the other hand, is still a bit of a mystery. The committee of outside experts split six to six over whether the lack of recurrences of infections was clinically meaningful. Optimer and marketing partner Cubist Pharmaceuticals (Nasdaq: CBST  ) would like to have the recurrence data on the label, because it's the biggest draw to using Dificid over ViroPharma's (Nasdaq: VPHM  ) Vancocin.

Personally, I think the FDA should just put the data on the label and let individual physicians make up their mind whether it's important or not. But the agency tends to be a little high and mighty when it comes to thinking that it knows what's best for patients -- that is its job, I guess. Figuring out which way the agency will go is a little tough.

What's your call? Take our poll, then fill in your further thoughts in the comment box below.

The Steve Jobs Betrayal
You may already know that in the final year of his life, Jobs revealed a stunning betrayal — and told his biographer, "I will spend my last dying breath... and every penny of Apple's $40 billion in the bank to right this wrong." What was it that made Jobs so irate — and why could it make a few in-the-know investors some major profits over the coming months and years?

Enter your email address below to find out what made Jobs so enraged!

Fool contributor Brian Orelli holds no position in any company mentioned. Click here to see his holdings and a short bio. The Motley Fool owns shares of Johnson & Johnson. Motley Fool newsletter services have recommended buying shares of and creating a diagonal call position in Johnson & Johnson. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On May 26, 2011, at 12:48 PM, PRODOD wrote:

    Close call -- but I think OPTR gets the desired 'recurrence' statement; the data seems to support the statement and both the FDA and Pharma are under pressure to get NEW drugs on the market to fight these HA infections. Also, FDA would see little or no downside risk in the recurrence statement since it presents no risk to the patient population, in that, Dificid works just as well as alternatives even if it does not provide a big advantage in terms of recurrence.

Add your comment.

Compare Brokers

Fool Disclosure

DocumentId: 1499650, ~/Articles/ArticleHandler.aspx, 5/26/2012 8:13:55 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 10 hours ago Sponsored by:
DOW 12,454.83 -74.92 -0.60%
S&P 500 1,317.82 -2.86 -0.22%
NASD 2,837.53 -1.85 -0.07%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

5/25/2012 4:00 PM
OPTR $15.32 Down -0.28 -1.79%
Optimer Pharmaceut… CAPS Rating: **
THRX $22.02 Up +0.19 +0.87%
Theravance, Inc. CAPS Rating: **
VPHM $20.12 Down -0.04 -0.20%
ViroPharma, Inc. CAPS Rating: ****
CBST $39.87 Down -0.04 -0.10%
Cubist Pharmaceuti… CAPS Rating: ****
JNJ $62.51 Down -0.59 -0.94%
Johnson & Johnson CAPS Rating: *****

Advertisement