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RAP - The Main Game, page-1159

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Siva108

8,774 Posts.

581

10/04/17

15:44

Post #: 23978724
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Originally posted by Financebro ↑

Thanks TechGoose.

A bit more research for anyone that has been wondering what the odds of FDA approval for Resapp are:

"The U.S. Food and Drug Administration (FDA) approved 98 percent of premarket approval (PMA) applications in 2015, the highest rate in the last 15 years" - https://www.meddeviceonline.com/doc/fda-s-pma-approval-rate-soars-to-year-high-0001

Given the app is non-intrusive, the strong results from trials so far, and the top-tier consultants and hospitals they are working with in the U.S., it would seem foolish to suggest that even conservatively the odds of FDA approval sit below 90% - that's a bet i'd take any day!!

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Agree definitely. Results probably by end of may. Then FDA approved by September! Don't let any insto try to grab your shares because they will be like gold in the next 6-12 months IMO

RAP Price at posting: 36.0¢ Sentiment: Hold Disclosure: Held
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