Mar. 4 at 6:17 PM
$CVM BULLISH
It seems some on here don’t have an understanding of the two distinct and different phases of the BMD process.
Comparison with Subsequent Phases
It is important to distinguish the initial designation (status grant) from the marketing authorization (full registration). While the designation phase is relatively short, the subsequent registration phase is much longer:
Assessment Waves: Each wave of the full technical review can take up to 60 working days.
Total Drug Registration: Even for products using expedited pathways, the total time from initial submission to final marketing approval in Saudi Arabia has historically ranged from 74 to 720 days.
For perspective on broader SFDA variability, general drug approval timelines have ranged from as little as 74 days to as long as 720 days (approximately 2 years). While the BMD initial phase is designed to be a rapid "gatekeeper"
To. Be. Continued
GOOD LUCK BULLS
Know what you own.
💎✋🤚💎 💎✋🤚💎
