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1.1¢ algorae pharmaceuticals limited

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TaneNui

946 Posts.

15/10/17

19:02

Post #: 27917232
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Originally posted by whytee ↑

"I understand but it will still take 2.5 years to get to approval (once again subject to LCT ticking the box's)"

That would be my estimate, 2.5 years would be 2020, and the 100 fee paying customers would form the basis for the FDA submission which I would estimate would take 6 months for consideration and approval at least.

I also would expect them to consult the FDA prior to embarking on the commercial implants to make sure they have the correct pre-agreed protocols for the submission. They have experience of this already with Diabecell, but they wouldn't want to complete the implants and find a deficiency.

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Yes agree with your time line and suggestion as to how it may unfold, subject to positive results next month

LCT Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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