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3.9¢ g medical innovations holdings limited

Ann: G Medical Innovations Investor Presentation, page-304

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anthony22793

1,137 Posts.

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03/09/17

22:21

Post #: 26965227
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Originally posted by pj had ↑

FDA approval for the Jacket and Vital Signs System must be close.

The link below of the analysis of time between FDA 510(k) applications and approvals for 2012 to 2016 shows average clearance time of 177 calendar days for 2016 and that 86% of devices were cleared within 9 months in 2016.

So with the application for the Jacket lodged in Dec 16 and the VSS in Jan 17, it's likely to be a very exciting September 2017 for GMV.

https://www.emergogroup.com/sites/default/files/emergo-fda-510k-data-analysis-2017.pdf

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That gives us 16 days basically, to fall in that 86% group, and if not.... we will be in the 14% group... hahahaha i hate having a timeline on shit.

GMV Price at posting: 44.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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