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What Biotech Investors Must Know Before PDUFA Dates

The most important day for a biotech company is the PDUFA date (pronounced puh-doo-fuh). It stands for Prescription Drug User Fee Act. The PDUFA date is the day the FDA votes to approve or reject a drug. Sometimes, the FDA will rule before the announced PDUFA date, but it’s the day by which a decision is expected.

>> PDUFA Dates: How to Find One Day Gains of Up to 74%