Friday, December 15, 2017 2:23:28 PM
I think we see teens in Feb. April should provide the first Q with a real profit. By then the accounting depreciation and amortization numbers fall off the P&L. Even without RMAT, partnership, or an outright buyout, I believe we will see a quarter by the second week of April.
I hope to see real progress with the FDA before that time. Realistically, there are 4 different classifications of RMAT including fast track or even phase 4 approval. Fast track would likely still require a partnership, but USRM could realistically use the information they have already attained to gain phase 4. RMAT allows clinical as well as non-clinical data to be used to gain approval. Should they get phase 4 approval, USRM would be a buyout candidate at substantially higher prices.
Even if RMAT doesn't happen at all, we have Right to Try laws that provide a work around. Revenues for the K should be very nice. Also, additional clinics should be announced.
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