"In fact, just prior to our pausing the neuromodulation program, we
performed a successful acute first in man test in Europe with
prototype electrodes and an external pulse generator. The testing
showed a clear and immediate physiologic response with drops in
both heart rate and blood pressure. These results strengthen our
conviction that we have identified a significant clinical opportunity"
"We also filed two neuromodulation patent
applications in the third quarter of 2016. In the future, we will
consider alternative opportunities to fund the development of this
valuable technology."
Is it possible they didn't want to do anything till they get the patents? as someone could quickly copy cat them?
How long does it take to get a patent approved in the medical field?