Ann: US nursing home study to pave way for FDA De Novo clearance, page-20

Well Said again Fatchoi.
You're spot on again with your breakeven point being 2025. The FDA clearance and entering the US is definitely a catalyst, from there the world is our oyster. Obviously additional costs will come with any expansion so the revenue/ costs will always keep rising. I see in the latest statement on our last remaining hurdle in a FDA submission and commercialisation has now restated 1st or 2nd quarter CY2024. At the end of the day it’s the FDA which determine our start in the USA.
I’ve also read that we have pilots in Canada underway, I’m wondering how our hospital trials are progressing. With so many irons in the fire it hard to keep up. Our disability app trials in WA would be close to completion, as well as trials in Wales.
Also stated in webinars, PD mentioned present customers wanting to expand use to more facilities so the merits of use is catching on, we are moving closer to the preferred option for many. Awareness of a good product, takes time before it becomes mainstream, I believe we are moving ever closer every day, in Australia.

Please correct me if I’m wrong,
. Resulting from the RC into aged care, digital reporting for compliance must be implemented by all aged care facilities, 1st of October it a start date and 30th June 2024 is the cut off.
I think that is what was inferred by PD quite a while back, that eventually all facilities may need Painchek to help with reporting pain management, medication management etc, to achieve Compliance.This is where partnering with care providing software is hopefully going to payoff. Sitting in a software package supplied by our partners, fully integrated, ready to be used when required. The reduction in falls, opioid medications, and laxative medication alone is making this a simple solution for greater care. No brainer really.

The next 2 months in the UK will be busy for our people there, with a full schedule of health expos. Ie dementia week, etc. Addition exposure is always a good thing.

So much going on, hopefully a very merry Christmas.
cheers DYOR.