CDX 3.39% 5.7¢ cardiex limited

Ann: September Quarterly Activities Report, page-18

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    FDA stuff is not well understood.

    If you are running trials for FDA APPROVAL of a Class III medical innovation then it takes years, many failures, and lots of money.

    But a 510(k) FDA CLEARANCE for a Class II Medical Device is usually just a process with a base timeline plus any toing and froing between applicant and FDA.

    https://hotcopper.com.au/data/attachments/4802/4802703-3bb632456b5ce1c4ef882eca6c930616.jpg

    https://www.fda.gov/medical-devices/premarket-submissions-selecting-and-preparing-correct-submission/premarket-notification-510k

    https://www.goodrx.com/healthcare-access/medication-education/fda-approval-vs-fda-clearance

    ...
 
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