FDA's Drug Approval Process Flow Chart

Below is the Flow Chart on how drugs are being developed from the sponsor company's laboratories all the way to the final stage of FDA's Approval. This flow chart was constructed as implied FDA's website process on drug development and approval.

Only after the FDA Approval is given will the sponsor company is able to market their newly developed drug with exclusivity. Exclusive marketing rights are granted by the FDA upon approval of a drug and can run concurrently with a patent or not. Exclusivity is a statutory provision and is granted to an NDA applicant if statutory requirements are met. Usually when a drug receives an FDA approval a corresponding patent to the respective drug has already been applied by the sponsor company to the Patent and Trademark office.

*Click to enlarge*

A Compilation of Lessons/Quotes in Business, Stocks, Economy, Money, War and Life

In the past two years, every time I encounter a very good quote/lesson, I immediately  write it down my one note app so I can re-read it in the future. Since my personal list is starting to get long I figured I might as well share it with you guys. So yeah, hope you enjoy them as much as I did. Cheers! \m/.

•Preferred stocks should be bought on a bargain basis or not at all due to the lack of legal claim from a creditor and a partner perspective - Ben Graham
•Trading capital should be assets -that if lost- won't affect the lifestyle of the trader

•No amount of success outside can compensate with the failure inside the home

•Knowledge is not a monopoly

•Some men see things as they are and ask why, I dream of things that never were and ask why not? - Robert F. Kennedy

•Generals win the battle but it is the people who win the war

•In a number of counselors, there is wisdom

•I'll cross the bridge when I get there

•A model is an approximation of reality

•I don't give a shit what you put there but you have to put this - AAD

•People tend to do a lot and accomplish nothing - Aaron A. Domingo

•Stocks are a better indicator of the economy than the economy is of stocks

•200 day moving average is usually a warning of a more serious market drop

•You have to run to stay in place

•A decision is never really done until an action has been made - Bryan Taan

•Substantial undervaluation to correct itself takes 1.5 to 2.5 years

•Three obstacles to wealth. Fear, Shame, Anger

•Stand in your truth

•When it comes to money, everyone is of the same religion - Voltaire

Dividend Ex-Dates in the Philippines in the Next Three (3) Months as of 02-June-2014

Sup Filipino Investors!

For the dividend followers out there, you'll likely enjoy the following table we've prepared.

Below are the companies that are paying dividends in the next three (3) months in the Philippines as of 02-June-2014.

"Dividend Ex-Date" is the actual ex-date already announced by the company.

"Next Estimated Ex-Dividend Date" as the name implies, is the estimated next dividend ex-date of the company based on their historical trend of dividend releases.

If you want additional items to be added on this table hit the comment button below and we'll try to get them included next month. :)

Enjoy!

Ticker	Short Name	Market Cap (PhP)	Last Price (PhP)	Next Estimated Ex-Dividend Date	Dividend Ex-Date	Dividend Yield
HLCM PM Equity	HOLCIM PHILIPPIN	95,491,063,808	14.8		6/9/2014	4.73
GLO PM Equity	GLOBE TELECOM	224,222,494,720	1690	8/15/2014	2/21/2014	4.44
TEL PM Equity	PHILIPP LONG DIS	609,277,313,024	2820	8/26/2014	3/13/2014	4.4
SLF PM Equity	SUN LIFE FINANCI	858,486,538,240	1406	8/25/2014	5/23/2014	4.11
FJP PM Equity	FJ PRINCE HLDG-A	1,445,482,880	3		6/17/2014	3.33
LOTO PM Equity	PACIFIC ONLINE S	4,191,731,968	15.1		6/16/2014	3.31
EURO PM Equity	EURO-MED LAB	6,743,910,400	1.64		6/16/2014	3.05
MFC PM Equity	MANULIFE FIN	1,390,093,008,896	750	8/15/2014	5/8/2014	2.83
MER PM Equity	MANILA ELECTRIC	287,410,159,616	255	8/19/2014	4/10/2014	2.71
BPI PM Equity	BANK PHILIPPINE	332,008,128,512	84.5	6/24/2014		2.13
WEB PM Equity	PHILWEB CORP	7,005,476,864	4.89		6/4/2014	2.04
LPZ PM Equity	LOPEZ HOLDINGS C	22,758,064,128	4.96		6/6/2014	2.02
FLI PM Equity	FILINVEST LAND	38,557,118,464	1.59		6/3/2014	2.01
KPH PM Equity	KEPPEL PHIL HO-A	293,182,528	5		6/9/2014	2
LRI PM Equity	LAFARGE REPUBLIC	58,587,443,200	10.06		6/6/2014	1.99
EEI PM Equity	EEI CORP	10,984,584,192	10.6	4/6/2015	8/27/2014	1.89
CEB PM Equity	CEBU AIR INC	33,024,456,704	54.5	7/11/2014	7/12/2013	1.83
SMC PM Equity	SAN MIGUEL	181,681,455,104	76.4	6/25/2014	4/24/2014	1.83
RCB PM Equity	RIZAL COM BANK	70,671,491,072	55.4		6/5/2014	1.81
BDO PM Equity	BDO UNIBANK INC	316,549,365,760	88.4	3/9/2015	6/6/2014	1.36
ACR PM Equity	ALSONS CONS RES	11,261,785,088	1.79		6/25/2014	0.89
MPI PM Equity	METRO PACIFIC IN	130,195,415,040	5	8/21/2014	4/3/2014	0.88
AC PM Equity	AYALA CORP	371,017,056,256	618	7/14/2014	12/16/2013	0.78
MEG PM Equity	MEGAWORLD CORP	150,537,027,584	4.7	7/11/2014	7/12/2013	0.76
JGS PM Equity	JG SUMMIT HLDG	345,947,537,408	49.3	7/11/2014	7/12/2013	0.37

Source: Bloomberg

DISCLAIMER: 

This is not an investment advice and the author shall not be responsible or liable for any trading or investment decisions made based on this information.

The author hereby expressly disclaims any responsibility for any error or inaccuracy in the information.