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Yesterday, Provention Bio (PRVB) provided an update from the FDA on its drug application for teplizumab.

As I told you to expect, as did management, the approval decision was delayed while the company resolves a drug comparability issue.

Then, a fresh update to the company’s investor presentation in the last 24 hours provided some additional and pertinent information on the topic.

In the end, I remain convinced the drug is on track to ultimately be approved. It’s not a matter of if, just when. As you’ll see in a moment, I believe we now have better clarity on exactly “when” it will happen.

So let’s get to it and the three key takeaways from the FDA delay…

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