BOSTON ( TheStreet) -- Please join me at 12 p.m. ET today for the next Biotech Stock Mailbag Live Chat.
I'll answer your questions and respond to your comments in what I hope will be an informative and fun discussion about the current state of the biotech investment sector. A sign-up link to the live chat is below.
Before I get to your questions, I want to update this week's column on noteworthy biotech stock trades in the second half of 2011. Of course, I forgot to include a couple of stocks.First, Pacira Pharmaceuticals (PCRX - Get Report) is expecting an FDA approval decision on Oct. 28 for Exparel in post-surgical pain management. Exparel is a proprietary, long-acting formulation of the painkiller bupivacaine. FDA extended the Exparel review by three months because Pacira submitted additional information. I met with Pacira executives a couple of weeks ago and walked out confident in Exparel's approval. The three-month delay sounded much more procedural than anything worrisome. Second, I failed to include the expected results from a phase III study of Biodelivery Sciences' (BDSI - Get Report) BEMA buprenorphine in the third quarter. BEMA buprenorphine is a thin, dissolvable film placed inside the cheek that contains the painkiller buprenorphine. To your questions: Paul K. asks, "What the