That's the end of the 45 day review from the DEA + they will use the entire time frame. The unknown is whether they grant the final 30 day holding period exemption or they follow protocol which would put us into Apr for launch. The DEA took the full time to issue the 4 classification so IMO they will stick to the max time/pain for longs in issuing their final ruling. Amazing thestreet hasn't posted their weekly sell rec yet. They have a sell rating on VVUS per my TD acct yet you don't see weekly sell reiterations there perhaps its due to large HF's telling cramer cronies to keep quiet. The time is shortening as once ARNA starts selling pills these bozo's won't be able to speculate + sales will drive the stock higher. Short term we are in limbo, intermediate/long term, its all systems go as sales will dictate stock movement and it will be up.
As of today, the Feb download of electronic prescribing information available for e-scripts does not list the medication. Which makes sense since the comment period is not over. Hopefully, it will make the March data load.
My view has consistently been that DEA will grant the waiver on the final 30-day period, as there is ample precedent for doing so and it's a purely legal procedure. But I also think they will take at least 30 days to wade through the 65 or so comments and prepare the required responses. A small set of ARNA longs created that problem for themselves, and that's the price you pay for foolishness. My expectations is that the DEA process will be finalized sometime around the last week in February, allowing the launch to start soon thereafter. An opinion only, of course...
DEA will be able to get through the responses quickly if they wish. I have read most of them and the majority are simply opinions with no data presented or any evidence of how they would be damaged by Belviq. That is what the response period is for, not simply sumitting letters.
DEA will take the full time for the 45 day review. They are so bombarded with responses that they will take even longer. April time frame is better because its less likely to disappoint. As far as V goes; secondary coming.