Thanks for the responses.
While there is always some leap of faith with biotechs and devices, with the right research and understanding of the products place in the existing marketplace you can reduce the odds that the product will be a flat out failure.
I have bought into a number of biotech/bio device companies about to launch recently and I am in the green on all but one of them. I know some of this is due to the current biotech boom, but you have to back yourself.
Based on what I have found so far, I am not confident enough to invest in SBN. In my opinion there are some other companies about to release with greater chances of success.
Will add this to the watch list for now.
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Add SBN (ASX) to my watchlist
Currently unlisted public company.
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