PNV 0.00% $2.06 polynovo limited

PNV EL announcement today!, page-20

  1. 187 Posts.
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    Agree that use as a supporting sling or structure is just an unproven theoretical possibility - great if it works but more than a few hurdles to be over come yet.
    This agreement gives PNV $100k now, $350k on completion of clinical studies and CE product (how many years would be reasonable to complete this work?) and then $750k if a FDA approved product is developed (percentage chance of succeeding ??? less than 50%) with royalties after that. So the total milestone payments, all going perfectly well, equate to less than 0.4% of the current market capitalisation.
    This is not the main game and PNV will sink or swim on its BTM and the take up by surgeons in the next few years.
 
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