Final answer:
It might be too early for Tony and his coworkers to celebrate completing the initial regulatory paperwork for their new gene therapy technique because the approval process involves extensive testing, meeting FDA standards, and complying with regulations.
Step-by-step explanation:
While it is an exciting milestone for Tony and his coworkers that their company has submitted its initial regulatory paperwork to the FDA for a new gene therapy technique, it might be too early to celebrate. The approval process for new gene therapies is a lengthy and rigorous one, involving extensive laboratory data collection, clinical trials, and meeting FDA standards for effectiveness and safety. Additionally, gene therapies require significant financial investment and are subject to strict federal and local regulations due to ethical considerations. So, while completing the initial paperwork is a positive step, there are still many hurdles to overcome before the therapy can be approved and brought to market.