It's certainly correct that a patent does not automatically lead to FDA approval.
However, what I absolutely love about this announcement is that the granting of the US patent (somewhat, but not completely) limits other companies from getting FDA approval for a similar product.
The announcement states that patent filings are ongoing in other territories, and the USPTO grant will lend weight to those filings, so we may see further announcements regarding those.
So far Painchek have zero competition in this space.
I feel like I need to restate that....*zero* competition.
This patent further reinforces the natural monopoly that Painchek currently enjoys, and raises the barrier to entry for any potential competitors.
This is why I am averaging up and buying many more PCK today.
- Forums
- ASX - By Stock
- PCK
- Ann: PainChek Granted US Patent for Pain Assessment Invention
Ann: PainChek Granted US Patent for Pain Assessment Invention, page-21
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PCK (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.61M |
Open | High | Low | Value | Volume |
3.4¢ | 3.4¢ | 3.1¢ | $9.359K | 290.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 120124 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 120124 | 0.032 |
1 | 58934 | 0.031 |
9 | 2557000 | 0.030 |
4 | 9313448 | 0.029 |
3 | 475000 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 167603 | 2 |
0.037 | 125000 | 1 |
0.038 | 78846 | 2 |
0.039 | 200000 | 1 |
0.040 | 217089 | 2 |
Last trade - 10.22am 12/09/2024 (20 minute delay) ? |
Featured News
PCK (ASX) Chart |