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Posted On: 10/04/2024 12:08:02 PM
Post# of 148870
" Syneos Health has helped to develop or commercialize 92% of novel new drugs approved by the FDA in the last 5 years." We have had several insightful posts this morning focusing on the positive implications of today's PR. For what it's worth, I would submit that the above quoted language from the PR is the most consequential info in the PR.
The 92% correlation rate between Syneos involvement and FDA approvals over 5 years implies a striking level of credibility established by Syneos with the FDA. I believe that establishing convincing credibility with the FDA is of paramount and existential importance for CYDY and LL. So congrats to Dr Jay for signing up the heaviest hitter in the CRO leagues.
The 92% correlation rate between Syneos involvement and FDA approvals over 5 years implies a striking level of credibility established by Syneos with the FDA. I believe that establishing convincing credibility with the FDA is of paramount and existential importance for CYDY and LL. So congrats to Dr Jay for signing up the heaviest hitter in the CRO leagues.
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