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IGI, Laboratories Inc. Common S Message Board

  • cheddaman45 cheddaman45 Apr 23, 2013 6:39 PM Flag

    First ANDA filed Sept. 10th 2010

    32 months from that is 5/10/12. Should get news pretty soon. Just found out about this company and like what I see. I plan on buying in before earnings.

    Good Luck All

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    • First ANDA was approved in November of 2012, correct? I believe it's already been approved as of November 2012.

      Second ANDA was filed in January of 2011 so approval is a little bit overdue. Could be some good news we'll hear about on the conference call.

      The third and fourth ANDA's were filed by 21nov11. If those come off on schedule we're looking at a Jan 2014 approval date. That would be some good news for the 1st quarter of next year.

      • 1 Reply to brennus01
      • "Jason Grenfell-Gardner, President and CEO of the Company, commented, "With this submission, we remain on target to deliver on our expectation to file at least six ANDAs in 2013. The fourth quarter of 2013 will mark the three year anniversary of our first two submissions to the FDA, and based on the FDA’s current average review time of thirty-two months, we are hopeful we could receive our first ANDA approval in 2013. "

        That is from the April 5th PR. So they are still looking for their first ANDA approval which should happen this year. They stated the usual time frame for approval is 32 months. So once it starts it should be a nice flow of approvals.

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