Celexa should be approved shortly. The normal time span between an Approvable Letter (which Forest received on May 13) and the final approval is a couple months. The Approval Letter means the drug is effective and safe for the disease. The only things needed to work out for the Final Approval is the wording of the Package Insert (prescribing information and side effects attached to each bottle) and sales presentation material. The FDA has to approval all this material before the Final Approval is given and the drug can be shipped. It is summer time (with vacations) so you never know how long it will take. It should be very shortly, though.
Just for a response to Jimmy123abc. Warner Lambert is a Safer investment, if you want safe investments! The reason I bought FRX is this is their BIG ONE. The drug that puts them on the map. If you look at the Anti-depressant market in the U.S., it is approximately 5 Billion dollars. If Forest obtains a 10% market share; they double the size of their company. Because of all the drug (you mentioned) that Warner Lambert and other have, do you know how much one drug would have to sell to double the size of Warner Lambert? Do you know what happens to a companies stock that doubles their corporate sales in one year?