The Priority Review Voucher is granted AFTER a dru
Post# of 72440
Posted On: 07/29/2016 3:36:10 PM
The Priority Review Voucher is granted AFTER a drug is approved by the FDA. The PRV entitles the NEXT drug to get reviewed faster. It can be sold -- that's how the 350 million figure was put on it. It's worth it to a big drug company to pay 350 million to get it approved faster if they have a drug that will sell for, say, a billion bucks a year.
What this means is we couldn't get a PRV until after the drug is approved. So it is quite a ways down the road.
Sorry for momentarily speaking in a Foghorn Leghorn voice in that last sentence. "
What this means is we couldn't get a PRV until after the drug is approved. So it is quite a ways down the road.
Sorry for momentarily speaking in a Foghorn Leghorn voice in that last sentence. "
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