My perspective is to agree that Japow may be years away?
The patent application was flagged in the 2019 March quarterly 2019, so even that has been a fair while coming.
Beyond that, in one of those videos (3?)PD said
... “So our real strategy now is;- Australia to establish the business model-Europe is second phase with our CE mark
- Then Asia is third phase with local regulatory clearances
.........we’re building product for each of those markets”
NB also ‘challenging regulatory environment in Japan’ plus..
https://hotcopper.com.au/posts/41472334/single....
“... “Additionally, registering a medical device in Japan can be time-consuming and expensive, with the approvals process usually taking anywhere between one and three years to complete, depending on the classification of the device.
Japanese regulators have also been known to request local clinical trials, which can be a costly process for manufacturers....”
And, sadly, I am not so certain about respect for the elders either. According to my reading Japan sells more adult diapers than baby ones and seems to view the aging population as a significant problem
.....and the ones with dementia seem to accidentally get lost quite often https://www.nippon.com/en/news/yjj2...ia-sufferers-go-missing-in-japan-in-2018.html.
here’s another story of problems (which have not lessened?) from ten years ago https://thediplomat.com/2010/09/respect-for-aged-in-japan/
....But there is huge value for Painchek in that market ultimately - all things being equal?
Especially if Philips can do the ‘hard yards’
cheers
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