There is a lot of frustration building around the silence with respect to the TGA. I am also frustrated however fully aware of how these government departments operate. I deal with them intimately in my role and I can say that they do not have to tell you how long it will take and can continue to ask questions until they cover their bottom before providing a decision notice of approval. It can be an extremely frustrating process and difficult for to make decisions when they don't know timing and level of approval. This is also compounded when either the proponent changes documents or legislation changes which happen often. Now in saying all of this I am still of the opinion that the ADO leadership team dropped the ball early in the piece when they solely focused on CE approval. The business world is dog eat dog and in the medical device world even more so, therefore if you are not on the front foot with a well defined project plan and schedule you can come unstuck easily. I hope the board has learnt from this and taken off the speed limiter and commits to not making the same mistakes.
The TGA will approve our test and my gut tells me that when DT said that they added the anterior nasal and medial nasal sample validation tests this would have slowed down the process. I have done this myself in my profession and it happens but it does add time to the approval timeline. Not long now ADO shareholders!!
- Forums
- ASX - By Stock
- TGA today?
There is a lot of frustration building around the silence with...
-
-
- There are more pages in this discussion • 155 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADO (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.2¢ |
Change
-0.002(8.33%) |
Mkt cap ! $54.31M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.2¢ | $12.59K | 542.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 487271 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 487271 | 0.022 |
4 | 1066532 | 0.021 |
11 | 1231001 | 0.020 |
8 | 1087236 | 0.019 |
5 | 2061668 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 200000 | 1 |
0.024 | 653235 | 4 |
0.025 | 1070470 | 10 |
0.026 | 291415 | 3 |
0.027 | 250000 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
ADO (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online