Re:Woundvue.
We will have "essentially" an app and a machine that diagnoses wounds plus lots of other bells and whistles, including "progress of healin wound" diagnosis and suggestion of remedy - check (awesome tool).
A problem for potential competitors is that Doctors, Nurses and Administrators wont use their tools (if available btw) unless they have FDA Approval. Probably wont be allowed to use such a product - for fear of suit.
We have already proven that we can get FDA approval on medical device diagnosis technology (de novo no less).
FDA obviously trusts our algorithms and we now have experience with FDA's internal pressure points.
When we go in to get an approval for Woundvue - we have the contacts and probably 3/4 of our software code will be similiar to APAS - which means a very quick process (relatively quick).
So Woundvue will come to market, with FDA approval very quickly, and it will be without peer.
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