I have been beaten by biotech and have to exit them with 30% to 50% losses and time to time i do go back to check those thread and let people know what happened !
However, none of those companies has FDA approved product neither they have reimbursement approved.
In the FDA approval process once the product is approved by FDA it then go through reimbursement and then a code is provided and it is long wait between FDA approval and code actual comes out and then the bigger challenge is to sell your new equipment to existing hospitals but here they can use existing CT machine based on what I read from the announcement.
So, while you are around longer and know more about product it is important to remind ourself where we are now and what happens next not what happened in past.
Obviously, 4DX future success depends upon management and how effective will be their strategy from here onwards in my opinion.
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44.0¢ |
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Mkt cap ! $180.6M |
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Price($) | Vol. | No. |
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