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6.9¢ neurotech international limited

Nice pick up @stotes This is really exciting development a nice...

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Holmesearth01

7,492 Posts.

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18/12/16

09:09

Post #: 21416117
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Originally posted by stotes ↑

On 13-Dec (US Time), a major FDA reform bill became law!

http://www.natlawreview.com/article/major-fda-reform-bill-becomes-law-medical-device-overview

This has enormous implications for NTI specifically under: Section 3051 – Breakthrough Devices
which states that the FDA will expedite the development and provide priority review for, breakthrough devices:

"that offer significant advantages over existing approved or cleared alternatives, including the potential, compared to existing approved alternatives, to reduce or eliminate the need for hospitalization, improve patient quality of life, facilitate patients’ ability to manage their own care (such as through self-directed personal assistance), or establish long-term clinical efficiencies; or"

Device firms may request designation under this section and the FDA must respond within 60 days of the request.

This will allow a streamlined and expedited US market entry if FDA approval and review is expedited due to the nature of Mente's breakthrough status!

PS Thank you @Wise_One for making me aware of this.

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Nice pick up @stotes

This is really exciting development a nice early Christmas present

NTI Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 6.9¢		Change 0.000(0.00%)		Mkt cap ! $70.21M

Open	High	Low	Value	Volume
6.9¢	6.9¢	6.9¢	$3.45K	50K

Buyers (Bids)

No.	Vol.	Price($)
1	11265	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	125022	2

View Market Depth

No.	Vol.	Price($)
1	11265	0.069
2	550000	0.068
3	279790	0.067
2	140000	0.066
5	413692	0.065

Price($)	Vol.	No.
0.070	125022	2
0.071	22554	2
0.072	200000	1
0.073	289855	1
0.074	40000	1

Last trade - 12.06pm 04/09/2024 (20 minute delay)

NTI (ASX) Chart