Thanks for the annoucement TRU but what im really waiting for is a trading halt RE: approval of CE certification for China market, and Maybe an update on orders for immediate filling perhaps. Show us if you can move towards profitability.
I think its called mining the poor sods ! and imo that is why the poor are targeted as the well informed rich nations wont have a bar of the product.
Testing suggests it is more accurate than smears, particularly in areas where access to medical facilities is limited. There are a lot of vested interests in maintaining smear where the infrastructure is already built. I would not rule out the possibility that that this technology (or similar) will replace smears in "advance" countries at some stage. It is unlikely that the change would be rapid though (unless one of the big players with a big budget to lavish on doctors buys it)
I'd noticed a few buys and price increase this week. Today I was about to ask where the announcement was that they talked about at the AGM.
and here it is...
24/11/2017, 12:00 pmGENERALNZX and Media Release 24 November, 2017
NZX Limited
WELLINGTON TruScreen Passes CFDA Technical Assessment for its Second Generation Device in China Cervical cancer screening technology company, TruScreen Limited (NZAX: TRU) is pleased to advise that the CFDA has posted on its website that TruScreen has passed Chinese Food and Drug Administration (CFDA) technical assessment and its file has proceeded to the final stage of the approval process. The final culmination of this process would be the formal issuing of the approval certificate. ENDS
They will be happy, it took them a lot longer then originally thought but now they will at least be able to step forward. Has it taken to long though, how long until they run out of cash again. For the moment it's looking good, lets get some sales now!!
Yes Hitman, it`s the sales that will give this some impetus, can`t be far away from an update as they can`t have been sitting idle all this time waiting for the CFDA approval
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