Regulatory milestones

ALK-Abello A/S (CSE:ALK-B) gained DKK8.50 to DKK482 last week after reporting that FDA's Allergenic Products Advisory Committee will meet on Nov. 6 to discuss a BLA from partner Merck & Co. Inc. (NYSE:MRK) for grass Allergy Immunotherapy Tablet (AIT). Merck, which has North American rights, expects a decision in 1Q14. ALK-Abello markets grass AIT as Grazax in Europe.