Now what : The company is reportedly requesting aPriority Review by the FDA as part of its NDA submission, meaning that a regulatory decision could come within six months after the NDA is formally accepted by the agency -- instead of the usual 10 months per a standard review. So, if everything goes according to plan, Catalyst might be able to transition into a cash-flow-positive operation by perhaps late 2016 or early 2017. Given that orphan drugmakers tend to command a massive premium once they've started to generate revenue, investors may want to consider adding this small-cap biopharma to their 2016 watch list right now.
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The article Why Shares of Catalyst Pharmaceuticals Soared Today originally appeared on Fool.com.
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