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The foodstuff and Drug management may be the Simon Cowell of clinical trials. It is blunt, even when this means it is smashing hopes and dreams and jobs. The agency nixed Alimera Sciences' (Nasdaq: ALIM) Iluvien, an eye fixed medication that treats diabetic macular edema. Shares of Alimera took an intraday hit of almost 23% on Monday, before you make more than 50 % of that straight back by the close. The silver lining here is that the Food And Drug Administration's problems are not insurmountable. The agency desires to see another year's worth of test data, but if that data is still encouraging, after that that is not a big deal. In addition, worries over the manufacturing process should be an easier fix than it might be if Alimera needed to begin from scratch.



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