TIS 0.00% 0.0¢ tissue therapies limited

announcement out - capital raising, page-77

  1. 9,445 Posts.
    It has been my opinion for a while that the "prospective partners" would not sign a deal until the product achieved EU approvals , not just completion of trials.

    I will go one step further. They will not be interested until the product gets Pre Market Approval (PMA) as a device in accordance with the Federal Food, Drug, and Cosmetic Act from FDA

    SO I think there will be a long wait.
    The upcoming CR will be to cover the costs for PMA and further validation.

    TIS is not calling the shots ... the prospective partners are. TIS has made a mess of this in the form of absolutely irresponsible and innaccurate information to shareholders.

    Ok. Need to get over the end March deadline fiasco but I now think we have a super long wait .... I wonder what TIS will tell us about the wait time. In this regard, no news is bad news.
 
watchlist Created with Sketch. Add TIS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.