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Maybe it was an emergency TUE. Maybe it was an existing TUE that had expired and was going to be renewed by the OGE doc.
Maybe his dog ate his homework. Whatever it was, he took drugs without having a valid TUE, and that is his responsibility and nobody else's.
An asthma emergency involves hospital and a nebuliser, not a change of inhaler. I've been there, and I couldn't get up a flight of stairs without sitting down for a rest half way, so riding a ProTour bike race would probably have been a bit much too.
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We can keep arguing but it was already reported that the UCI aren't suspending him so presumably they're happy with whatever details make up the explanation.
They haven't provisionally suspended him, because their rule book says they don't provisionally suspend people for terbutaline doping. What they decide about his explanation is to come, and is not relevant to the case administration in the period between the adverse analytical finding and the hearing at which his culpability will be judged and his punishment decided.
You don't get a TUE just by filling in the application form, you get one when the panel agrees with you and your doctors that you need one. As such, and given the strict liability, the athlete should wait until he sees the actual issued TUE before he starts taking the drugs.