Also further to US trials I'm assuming the FDA approval for existing scars and and pigmentation will potentially be alot faster than the FDA approval for burns...
So we might have access to the enormous US cosmetics market in the near future before approval of burns.
Very exciting.
Also just a comment on growth projections. The last quartley would have very little revenue from the Middle East and North Africa join venture with MENA United which covers "...Egypt, Iraq, Jordan, Kuwait, Lebanon, Iran, Syria, Saudi Arabia, Bahrain, Oman, Yemen, United Arab Emirates and Qatar, representing a population in excess of 180 million people."
and also the recent JV into Italy. So I would expect future quartley sales figures could be multiples of what we have seen for the December quarter. With more distribution JV's to come.
Maddoc
AVH Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
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