The other thing we have to consider: Is Quintiles actually ready to start marketing and selling Vitrogrow as expected? We were told they would be ready by now. But we have had no announcement regarding the progress of Quintiles on that front.
If this is the case, it doesn't matter whether the CE Mark has been approved. It would not surprise me in the least if Quintiles are having problems setting up. Getting hold of good skilled staff is still hard even in times of high unemployment, as the jobs tend to disappear from the service and retail sector first.
TIS Price at posting:
45.0¢ Sentiment: Hold Disclosure: Held