Mon, Apr 21, 2014, 4:16 AM EDT - U.S. Markets open in 5 hrs 14 mins


% | $
Quotes you view appear here for quick access.

Forest Laboratories Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • mi23lk mi23lk Jun 24, 1998 6:57 PM Flag

    Patent expiration & p/e

    Does anyone know approximately when FRX will
    receive or not receive approval for Celexa. If not a
    date, maybe within a month or two period. I understand
    the company may have received an approvable letter,
    but I don't believe the stock rallied the day the
    announcement came out, but I could be wrong. Does anyone have
    a feeling as to what the stock may do when the
    company gets a final approval or denial?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I will set up two Roth Education accounts for my
      two daughters. 100 shares FRX each will send them go
      through college because FDA will grand at least 7 years
      exclusive market right for a new NDA.

      BTW: I wish
      FRX drop to $30 tomorrow and load up a full truck.

      • 1 Reply to lipolong
      • I believe the Celexa patent has already expired.
        If so, FDA will grant Forest 5 years of marketing
        exclusivity since citalopram is a new chemical entity (NCE).
        Generic companies will not be able to file applications
        for citalopram until the exclusivity expires, so the
        earliest generic approval date could be about 1 year after
        that - that's about how long a good ANDA takes to get
        approved nowadays.

        But I do agree with lipolong,
        that Forest has the potential to be one fantastic
        investment. I certainly like that Roth Education IRA
        suggestion; I think I'll look into it myself.

89.58-0.71(-0.79%)Apr 17 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
AstraZeneca PLC
NYSEThu, Apr 17, 2014 4:00 PM EDT
Urban Outfitters Inc.
NasdaqGSThu, Apr 17, 2014 4:00 PM EDT