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Savient Pharmaceuticals SVNT FDA Advisory Panel - June 16, 2009

Keep an eye on Savient Pharmaceuticals, Inc. (SVNT)

Drug/indication: Krystexxa for gout

FDA advisory panel date: June 16

FDA decision date: Aug. 1

FDA advisory panel meetings in which outside experts offer recommendations on the approval of drugs are another important stock-moving event. Investors will be keying on the June 16 panel for Krystexxa for indications on how the FDA will ultimately rule on the drug's approval later in the year.


http://www.thestreet.com/story/10508908/1/biotech-calendar-key-fda-...

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Tags: 16, 2009, Inc., Pharmaceuticals, SVNT, Savient, fda, june

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Stocks To Buy Comment by Stocks To Buy on June 16, 2009 at 3:17pm
A Food and Drug Administration panel Tuesday overwhelmingly backed Krystexxa, a proposed treatment for a severe form of gout by Savient Pharmaceuticals Inc. (SVNT). The panel voted 14 to 1 in recommending approval of the product. The FDA usually follows the advice of its panels but is not required to. The agency is expected to make a decision by Aug. 1. FDA officials said they believed Krystexxa was effective at treating so-called treatment refractory gout, or patients with a severe form of gout that failed other treatments. Gout is a form of arthritis. However the agency said it was concerned
Stocks To Buy Comment by Stocks To Buy on June 10, 2009 at 7:34am
It is possible...it looks like SVNT has already started running up about a month ago.

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