TheLion.com - Forum

Date: 02/25/2011 11:32

Forum: Plains Resources Inc - Msg #103

Thread #673172252 (Rec: 0)

PLX cc call notes. Bullish pasted PLX 7.00 starting to bounce FDA didnt ask for a new trial. could be a nice bouncer

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60311020

Good CC @ PLX

A number of issues discussed on the call and I highlighted what for me was important.

1) They have 35MM in cash 12/31/2011 that is sufficient for the next 12 months.

2) Meeting with Pfizer management team to plan response strategy.

3) No additional clinical studies requested.

4) Manufacturing plant given FDA acceptance /approval.

5) Have data that FDA is requesting but needs clarification.

6) European Approval (EMA) on schedule April 2011

7) FDA turn around time 2-6 months (estimated until meeting with them)

8) PLX management team confident of approval in 2011.

GLTA

Investor 100

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