PEB 5.56% 9.5¢ pacific edge limited ordinary shares

Ann: Pacific Edge Reports Continued Growth in FY19, page-3

  1. 883 Posts.
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    Jellyroll
    I expect PEB will be getting even closer now to getting that final milestone for the LCD and the company recently reported;

    "Progress being made with the third andfinal milestone, to have Cxbladder includedin a Local Coverage Determination (LCD),which will allow for reimbursement byCMS."

    once that occurs a massive upward valuation of the company will occur along with a rapid upward sales trajectory.
    Whats more an announcement confirming the LCD has been signed off could occur at anytime, these LCD's usually take a total of 4 -5 years and the company has stated in their 2020 objectives that for the USA market:: Successfully achieve the third and final USA reimbursement milestone to gain inclusion in the LCD"
    I suspect that indeed this will be achieved and in fact could well could occur at anytime soon.

    fp
    Last edited by Few Pennies: 24/08/19
 
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