Ann: Results of CDXO and November Options Exercise Conversions, page-73

  1. 13,677 Posts.
    lightbulb Created with Sketch. 4921

    Given there is ongoing discussion around FDA it is worthwhile ensuring you are clear on the FDA classifications:
    People use the terms Clearance/Approval/Registered/Listed etc - often without fully understanding the differences.
    https://hotcopper.com.au/data/attachments/3888/3888126-3f196022a27d592e37642003aa3e0f86.jpg
    https://www.fda.gov/consumers/consumer-updates/it-really-fda-approved


    By the way, the term "Registered" seems to only apply to registering of a company, and "Listed" implies no level of classification.
    https://hotcopper.com.au/data/attachments/3888/3888205-aa0c1b45735714a0b4bbe6f1993edc83.jpg


    Its also important to look at whether the device being put to the FDA is Class I, II or III device.
    https://hotcopper.com.au/data/attachments/3888/3888184-32675870c5bffa9d94922521810cb9cf.jpg
    https://www.fda.gov/medical-devices/overview-device-regulation/classify-your-medical-device

    I would assume that our devices are at most Class II, possibly Class I - I'm sure its written somewhere.

    https://hotcopper.com.au/data/attachments/3888/3888193-b7cf25b5c3b5e86d5175e5cad32027f6.jpg

    https://www.qualio.com/blog/fda-medical-device-classes-differences

    Getting a Class II Medical Device "Cleared" (or "Granted") is not an onerous task.

    One of my other stocks is currently doing fairly simple Clinical Trials for a device and the timeline is roughly 3 months, done here in Australia.

    Results of these Clinical Trials will then be submitted to the FDA, in this case under DeNovo rulings, to be "granted" a "Clearance".

    I hope that helps.

    ...
 
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.
(20min delay)
Last
4.0¢
Change
-0.001(2.44%)
Mkt cap ! $17.94M
Open High Low Value Volume
4.0¢ 4.1¢ 4.0¢ $15.12K 377.6K

Buyers (Bids)

No. Vol. Price($)
1 155651 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 22200 1
View Market Depth
Last trade - 15.18pm 20/06/2025 (20 minute delay) ?
CDX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.