TIS tissue therapies limited

vitrogro ecm meets ce mark requirements , page-22

  1. 893 Posts.
    lightbulb Created with Sketch. 84
    The mention of developing other applications and products and the price capping give me the felling a cap raising may be on the cards.

    It goes without saying they will be doing ongoing R&D, why make a point of it?

    It was said that there was enough money until at least next year but that was before the FDA gave VitroGrow a bio classification. Do they now need more money than originally thought for further R&D and approval?

    Also how long will it take to achieve $15 million in sales, which for a 30% net margin to TIS is what’s needed to support a PE of 20. At say $500 per patient, this would be 30000 patients. Seems doable in the next few years but hard to know?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.