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Current Good Manufacturing Practices (cGMPs) are regulations called Code of Federal Regulations (CFRs) set by the United States Federal Drug Administration (US FDA).
No, the grey market premium is not accurate because it is based on the demand and supply of shares and on investor and market sentiment. If the demand for the shares is higher, the GMP is higher, indicating that the IPO will do well when listed.
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At the end of the season, three teams are promoted to Serie A and four teams are relegated to Serie C. The top two teams are automatically promoted and the third place team is only automatically promoted if they are more than 14 points clear of the fourth placed team.
As AC Milan president Paolo Scaroni told Il Foglio, "In the last 20 years, nearly everyone has overtaken us... Serie A has become the Serie B of Europe." Even the league's most avid followers would find it difficult to disagree, so frustrated have they become by the reckless way in which the Italian game is run.