HTW heartware limited

approval timing.

  1. 1,406 Posts.
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    I am hopeful of the following approval timing.

    20 Implants Complete by June 30.
    Application for European/Aust Approval July 1.
    Granting of European/Aust Approval buy Jan 1 08.
    Start Trials in the USA Jan 1.08
    USA Approval Application Dec 08.
    USA Approval 2009.

    I understand App 55% of the shares is held in the USA and App 45% held in Aust.

    I would like to think by Mid 2009 with a proven approved product it would be a perfect fit for a USA Major with a large Cheque book.

    The new MD is from a USA Major with Acquisitions Background.
    Approvals expert has been appointed.

    Would not be surprised if there was a capital raising or an investor soon but considering the last issue was @ $1.10 it could be an investor.
    Share price drop was due to manufacturing problems now resolved.

    I am happy to Sit and forget my Holding.
 
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