I wasn't convinced enough to post my personal European status assessment following review of the strangely phrased March 1 ANN ... so I solicited wider expert opinion from a group of European and other colleagues. To summarise the collective feedback;
- 3 memos closed out yet questions still remain = significant (show-stopping) regulatory compliance issue(s)
- Lack of approval 6 months post "fast-track" review is highly unusual, the picture isn't pretty
- Publically available information plus an understanding of the current regulatory environment points to deficient clinical data as a likely significant issue
Note: BSI, Health Canada and TGA are currently recommending (i.e. mandating) RCT's as standard for class III devices with no established predicate
The following thought-provoking general/regulatory process-related points were also raised;
- It is most curious that prior to additional information being filed, a face-to-face meeting is deemed necessary to discuss the (as yet unfiled) material and (as yet unasked) questions ... ?
- It is most interesting that the complexity/complications/time delay have been attributed to seeking PC and HCC indications at the same time. This hints strongly of an outright rejection of at least one indication.
- NB's, particularly BSI NEVER schedule face-to-face meetings to discuss issues. Question - management time-buying exercise?
- Stated confidence of CE approval being granted in the near future is incomprehensible - prior to BSI review of currently unsubmitted material ... ? Question - deliberately misleading?
Overall conclusion
Available clinical data and OSL ANN's indicate insufficient clinical data exists to achieve CE approval. It is most likely an RCT will be required.
- Forums
- ASX - By Stock
- Ann: OncoSil Market Update March 1
OSL
oncosil medical ltd
Add to My Watchlist
4.42%
!
$1.08

I wasn't convinced enough to post my personal European status...
Featured News
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.
|
|||||
Last
$1.08 |
Change
-0.050(4.42%) |
Mkt cap ! $20.33M |
Open | High | Low | Value | Volume |
$1.15 | $1.15 | $1.08 | $45.62K | 40.76K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 718 | $1.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.10 | 2361 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 718 | 1.080 |
2 | 6494 | 1.075 |
3 | 26387 | 1.060 |
1 | 961 | 1.040 |
1 | 2970 | 1.010 |
Price($) | Vol. | No. |
---|---|---|
1.110 | 9892 | 1 |
1.120 | 6671 | 2 |
1.140 | 5000 | 1 |
1.145 | 5000 | 1 |
1.150 | 6938 | 1 |
Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
Featured News
OSL (ASX) Chart |