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Crap, down 8 cents today ..Gonna hold a vodka tonic in my right hand, and one of those funny cigarettes in my left....
The ASX could remain the news hub till eternity as far as i care, the real reward is up-listing to Nasdaq....Hopefully this year, according to the company
Bless you my son… As you have made my Saturday morning better
Melody...Good to see you back and posting...
I have no earthly idea whether amvxy will be up-listed this year, we can only be encouraged that it's on their agenda for 2019.....
Is your pony named Mr Ed?...LOL showing my age..
Hi Jugs, no need to be sorry, i was just making an observation based on the 2019 to-do list from the horses mouth
This is taken from the companies website on their presentation to RBC. Notice Avita is planning on a 2019 Nasdaq listing...
Key Milestones for 2019
ü Market & distribution collaboration in Japan and PMDA submission of RECELL
ü Ten presentations of RECELL results at 2019 ABA meeting
ü Publication of RECELL health economic model
• RECELL U.S. revenue growth
• Listing of ADRs on NASDAQ
• Pipeline advancement
I’m using blackcranes conservative numbers for the burn market in the US
Thank's for posting....Nice shout-out for Avita.....I believe the $5.7 Billion US> market referred to is total market, not just the burn market
Welcome aboard...Great 1st post. We don't have long to wait to know what our numbers will be in all areas...In the mean time anything from the company like the DFU announcement just adds to our excitement ...
Great you were able to pick up shares. Last time we got into the $5.80's it didn't stay there long....Good luck and happy 4th to all Yankee's
Fmello. We have to give the market time to learn what we already know .....
I stand corrected.....
Mellon bank increased position from 488k shares in May to 510k shares in June
Like I've been telling you guys all along..Rock solid $10 by Christmas.:)
See ...What do i know..!!! Trading at 47 cents with a high of 47.5.....Lets see if prices hold..Long trading session to go
44 cents would match US price...We can touch 45 to 46 cent reasonably...
Exactly.....Good point Fitz
Diabetic foot ulcers...huh who would have thought!!
Presented at 11th Annual Congress of the Japanese Society of Limb Salvage
& Podiatric Medicine
Innovative regenerative technology using patients’ own skin cells significantly reduced
size of wounds caused by diabetic foot ulcers in all patients
Valencia, Calif., USA, and Melbourne, Australia, 01 July 2019 — AVITA Medical (ASX: AVH, OTCQX: AVMXY)
a global regenerative medicine company, announced today favorable results from an open-label feasibility
study of the RECELL® Autologous Cell Harvesting Device (RECELL® System) for the treatment of diabetic foot
ulcers (DFUs). The data, presented by Mr. Tawqeer Rashid at the 11th annual meeting of the Japanese Society of Limb Salvage & Podiatric Medicine (JSLSPM) June 28-29, 2019, in Kobe, Japan, evaluated the clinical
performance of the RECELL® System, which uses a small amount of a patient’s own skin to prepare Spray-On
Skin™ Cells at the point-of-care, in patients with DFUs that had not responded to standard care treatments.
“Chronic wounds, such as diabetic foot ulcers, significantly impact the lives of patients,” said Mr. Rashid,
Consultant Vascular and Endovascular Surgeon, Manchester Royal Infirmary. “There is a real need to find
new ways of treatment, and the RECELL® System shows promise in potentially enhancing the healing of diabetic foot ulcers, including recalcitrant ulcers that have not responded to standard-of-care therapies."
The 26-week, single-arm, observational study included 16 patients treated at three hospitals in the United
Kingdom, including Manchester Royal Infirmary, Kings College Hospital and Northwick Park Hospital. Patients enrolled in the study had chronic DFUs ranging in size from 5-33 cm2
, with and without infection, and
with varying depths, inclusive of bone and tendon exposure, that had failed to heal with standard-of-care
treatments. Study investigators used the RECELL® System to prepare Spray-On SkinTM Cells using a small
amount of each patient’s own skin, that were then applied to the DFUs.
Key results from the study include:
? 100% of patients experiencing a reduction in DFU wound size following treatment with Spray-On
Skin™ Cells, with an average wound size reduction of 83% at week 26
? 50% of the patients had DFU wounds heal completely, with a median time to healing of 14 weeks,
despite the range of severity of ulcers
? Treatment using the RECELL® System provided an acceptable safety profile
? High patient and physician satisfaction scores were reported following treatment utilizing the RECELL® System
“We are pleased with the results of the diabetic foot ulcer feasibility study, which demonstrate the potential
versatility of the RECELL® System as a meaningful treatment option to heal chronic wounds,” said Dr. Michael Perry, AVITA Medical’s Chief Executive Officer. “AVITA is committed to continued exploration of how
this innovative regenerative technology may further advance patient care in areas with significant unmet
medical need.”
According to recent data collected by the World Health Organization, the Harvard T.H. Chan School of Public
Health, and Imperial College London, diabetes now affects 422 million adults globally at a cost of $825 billion per year.1 National Institute of Health data reports that approximately 25-30 million global diabetics
suffer from DFUs, a widespread complication of poorly controlled diabetes.2 DFUs can remain as open
wounds for years, limiting patients’ mobility and lifestyle, and risking infection, often leading to amputation
if not treated effectively.
From H/Copper
Ann: RECELL System DFU Feasibility Study Results Presented
View Thread
Watch thread
ASX News
851
01/07/19
09:30
Post #: 39313891
Share
Release Date: 01/07/19 09:28
Summary: RECELL System DFU Feasibility Study Results Presented
Price Sensitive: Yes
The announcement content will be available in 16 minutes at 09:48
20k on the bid at $6.10… Love it
Your reply was timely...as i just wanted to give a quick, meaningless, irrelevant, biased, and totally uneducated observation....
Seems we hit our bottom and are on our way back up...more then half the volume traded the last hour or so....When i saw bids start to come in at the 5.70+ mark i bid @5.78 and was filled....Still about 2k shares short of dream position....
Anyway my observation is worth the computer it was typed on...A 10 yr old Kmart blue light special
Good call, you were correct as I was premature on my purchase....Just drifting lower with little volume. Long term outlook makes 20 to 30 cent difference insignificant....
Agreed Jugs, earlier in the week I posted to hope to get filled at $5.75. I had an ACH deposit which takes 4 business days to clear account. That money wouldn't be cleared to trade till Friday....
After watching yesterdays trading I decided to cancel ACH, and wire... I've seen this show before.....tomorrow should show us higher highs, and lows if this move is what I think it is..
Interesting trading day. Skyrocket in the am and early pm then crickets....Was able to pick 1650 shares @6.08
This is all institutional....Or at least mostly.....20k to 30k trades going off.....
Looks like I'm going to have to pull my ACH order and just wire tomorrow
Good start to the week..Good volume...Strong bid.....will be trying to buy another 2000 shares under $5.75 later in the week when funds clear....
Getting closer to earnings
Understood, sustainability might take a few more quarters before it's attained in the minds of the whales we seek
Hey Jugs....The PPs has headed north since it bottomed out at $4.69...Slow steady rise to $5.50.. and beyond (expected)...Hopefully as earnings are announced the market will like/love the numbers and value AVMXY much higher...
I would love to see us break the old highs after earnings are released..
Filled at @5.29 .... Chased it from 5.18...652 shares
Imo...That's a frothy premium to pay.....On another note after the correction the last few weeks it looks like were back to heading north with decent volume.....I'm expecting the pps to break loose based on the way it's trading
Great post doc.....
Nice article...Thank's for posting.....
Is it ok to be happy for you and jealous at the same time?:)
Wow...last hour of trading was amazing....Big blocs going off at $5.05....A 40k trade at 3:52 and another 27.6k at 3:57.....
Just a guess...Good news out of Milan, and these trades seem to be lateral (arranged) as i didn't see that many shares on the offer...
New tutes coming in as others take profits????......Or not...
“We are committed to pursuing the full potential of the RECELL® System as a meaningful treatment option to advance patient care in areas with significant unmet medical need.”
I fully concur with this statement....
You'll probably get your wish intra-day tomorrow....Not much follow through today....Good luck on your pricing
Since late May almost 50% of the volume has been short selling
https://hotcopper.com.au/threads/shorts.4802137/page-3?get_post=true
It seems today's trading has included some covering of those shares. No way to prove it until numbers are released....
Too early to say whether we turned the corner or at least stopped the bleeding...
Personally from a selfish point of view i hope it trades here for a while so to pick up more shares around $5....All the above IMO
Yes it does....Thank you....If she heads lower, or stay's flat from here ...I'll be on the bid....
GC...As a chartist where does the chart say were heading? It looked to me that Friday's trading "might have" hit a bottom....TIA