Article: FDA Wants More On Discovery Labs' Surfaxin Response Letter.

Washington Editor

Shares of Discovery Laboratories Inc. dropped Monday, after the company acknowledged that its recent letter to the FDA has not adequately addressed questions raised in an approvable letter the agency issued six months ago for Surfaxin (lucinactant).

"This is not what we were expecting, but it is what it is," said John Cooper, Discovery Labs' executive vice president and chief financial officer. "But we have a really good relationship with the agency, so we will work as judiciously as possible to find out what the issues are and then respond to them."

The company defended its initial response as comprehensive and is optimistic ...

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