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Sorry here is the link to the full PR AVITA Medical Announces...

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Tdeck1966

208 Posts.

129

04/10/18

11:09

Post #: 35991703
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Originally posted by Tdeck1966: ↑

Yeah, $$ that's already taken care of and with first govt contract awarded banks will line up to give them money. Licensing, not gonna happen.

June 6, 2018OTC Disclosure & News Service
Valencia, Calif., USA, and Melbourne, Australia

AVITA Medical (ASX: AVH, OTCQX: AVMXY), a regenerative medicine company with a technology platform positioned to address unmet medical needs in burns, chronic wounds, and aesthetics indications, today announced an institutional placement of A$16.0 million to prepare for the planned U.S. launch of the RECELL® Device in the treatment of severe burns.

And I understand that ReCell sells for significantly less in AU and Britain, but, so do American prescription drugs a pill in US that sells for $5 in AU Can or UK will only be $1 if that.

Its an entirely different game here in all aspects. But, we will see,

Peace out.

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Sorry here is the link to the full PR

AVITA Medical Announces Institutional Placement of A$16.0 Million to Support U.S. Commercialization of the RECELL® Device

https://www.otcmarkets.com/stock/AVMXY/news/AVITA-Medical-Announces-Institutional-Placement-of-A160-Million-to-Support-US-Commercialization-of-the-RECELL-Device?id=194628

AVH Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
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