FDA approval soon (MCap 15 M) Trading below Cash !!!

[BiotechMaster]

THIS UNDISCOVERED STOCK WILL HIT 2+ DOLLAR EASILY WITH APPROVAL .LOAD UP BEFORE THE STOCK GETS DISCOVERED .PLEASE READ ! GL

DiaDexus (DDXS.OB)

Market-Cap : $ 15.3 M
Cash : $ 23.2 M
Price : 0.28$


from 3Q Results :

Commenting on the financial results, Chief Executive Officer Patrick Plewman stated, "We are pleased to report good growth despite the lower related party sales and the voluntary withdrawal of the PLAC TIA product. We believe we have addressed the root cause of the PLAC TIA product performance issue, and a new 510(k) for an enhanced PLAC TIA product was submitted to the FDA on June 30, 2010." Mr. Plewman also commented, "The PLAC test provides valuable information, over and above traditional risk factors, such as smoking, blood pressure, cholesterol, family history and age, to help identify individuals at increased risk of suffering a heart attack or stroke."

[blconnell]

When is FDA approval scheduled? I cannot find anything on it. The stock has doubled since your post but seems to have stalled.

[BiotechMaster]

Hi connell

DDXS has already received Approval on 7 Jan but there was only a small rise . Its still a good stock for the long term .

[Spunk]

Thanks Favtocks,

Morning fellow investors I have been looking at Xenoport and their restless leg drug, its going to the FDA a for a second time in april and was trading around and above the 20 dollar range prior to the decision ....I think this does 14 -17 dollars prior......

My main interest is that if this is approved after the issue with the cancer in rats ...It gives hope for Arna's obesity drug. Btw I am till doing research on it but it should head much higher going into the PUFA