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Well stated…
I love the way this is trading....Digesting gains without any major profit taking....Hoping we see $11 before earnings, then with Japan,.... and no negative revenue surprised up from there....
TD.....You should be tarred and feathered… Good to see you my friend don’t make yourself such a stranger to the forum… And once again thank you
Up 5+% on very low volume....Short covering?
Thanks Dank...Good stuff
Moon boys taking the plunge! Good one....i think were all well grounded here....No jumping off any cliffs, but would be shocked not to see continued revenue growth...
By the way...Good call on your hold pattern...Nice move so far tonight in A
Love love love it!!!
Another upbeat gem Mike....Keep'em coming....
Yeah,not much of a DUMP! Kinda disappointed wanted a bigger DUMP to buy more shares. Been a DUMP of a day for me today. My girlfriend just DUMPED me, just got DUMPED by as a fill in for tennis tonight...
Let' face it, I'm just in the DUMPS today...
Ahhhh...That is the question. What constitutes "a dump"? Is it 3% drop a 5% drop or higher? Does it make a difference if it's 3% on heavy volume or 5% on lite volume?...
Would if there's a full moon and it goes down 3.5% on moderated volume? Oh the confusion...
What a day.....From a high of $9.60 .....Day like this brings out many strange things ....We even have Mikey concerned about our losses.....
Regarding Vitiligo ......When Perry was on Mad Money he was asked about the huge cosmetic market, and what the game plan was for entering that market...Perry said that Vitiligo will open the door to the cosmetic market
Looks like it's going to be a good day today in recel land....Traded as high as $9.45 pre-market. Bid $9.44 Ask $9.45. Looks like recel is going to lead avh at least short term
AVITA Medical Receives U.S. FDA Investigational Device Exemption Approval of
Clinical Feasibility Study to Evaluate RECELL System for Vitiligo
Study expected to commence in first half of 2020
Valencia, Calif., USA, and Melbourne, Australia, 30 December 2019 — AVITA Medical Limited (ASX:
AVH, NASDAQ: RCEL), a regenerative medicine company with a technology platform positioned to
address unmet medical needs in therapeutic skin restoration, announced today that the U.S. Food and
Drug Administration (FDA) has approved the company’s Investigational Device Exemption (IDE)
application to conduct a feasibility study evaluating the safety and effectiveness of the RECELL®
Autologous Cell Harvesting Device (RECELL® System) for repigmentation of depigmented lesions
associated with stable vitiligo.
“Vitiligo affects approximately 6.5 million people in the United States(i)
, rivalling the prevalence of
psoriasis(ii)
; however, there are limited treatment options available to patients to permanently restore
skin pigmentation,” said Dr. Mike Perry, AVITA Medical Chief Executive Officer. “We’re pleased with
the FDA’s decision which allows us to begin our vitiligo study in the first half of 2020. Based on the
outcomes of the feasibility study, we anticipate proceeding with a pivotal clinical trial to pursue FDA
approval of the RECELL System as a cell-based repigmentation treatment option for stable vitiligo.”
Vitiligo is a disease resulting in loss of color, or pigmentation, in patches of skin that impacts the quality
of life for those living with the condition.
(iii) There is currently no cure for vitiligo, nor a universally
accepted method for limiting the spread of the disease. Although many treatments are being used for
the management of vitiligo, they are often temporary with a high rate of recurrence.
(iv)
“This study expands on peer-reviewed, published effectiveness outcomes to confirm the feasibility of
RECELL as a treatment for repigmentation in cases of stable vitiligo,” said Andy Quick, AVITA Medical’s
Chief Technology Officer. “Given the RECELL System’s broad approval outside of the U.S., more than
1,000 vitiligo patients have already been treated globally and reported repigmentation.”
AVITA Medical will collaborate with a leading medical center to conduct a pilot study with 10 patients
who have vitiligo lesions that have been stable for at least one year. Areas of the vitiligo lesion will be
randomly treated with slightly varying cell suspensions prepared using RECELL to confirm response
rates and optimal suspension parameters.
The randomized controlled study’s primary effectiveness measure is the percent area of repigmented
skin 24 weeks after treatment, as evaluated by a clinician blinded to the treatment assignment.
Additional effectiveness data collected over the course of the 24-week study will include degree of
repigmentation achieved and patient rating of repigmentation.
Same to you Justin.......Merry Christmas to all longs, shorts, and manipulators.....And you know who you are...:))))))))))))))
If anyone has any doubts on the direction Perry is taking the company, this quote should resolve any doubts..
"“We are working on an exclusive licence but I can’t say too much,” Dr Perry says.
“If we capture even just 5 per cent of this market, we are looking at well over half a billion dollars. And if we got to phase II without being acquired, I would be very surprised.”
As a proud moonboy ...You could be right Mikey. But it was was really cool seeing it on my local news...I almost cried.....Like a proud pappa
Now "if" i bought shares right before a pull back or a "dump" (Mikey talk) then bad timing on my part... but we know who holds the future.and what the future holds... don't we "Mikey?
Skin.....The largest organ in the human body...Over 20 sq ft.......
Temple hospital is 30 minutes from me. Exciting for me to watch my local news tout the efficacy and efficiency of ReCell as a "game changer", and as the 1st advance treatment for burn victims in decades....
The news regarding ReCell is spreading through out the Country rapidly and broadly adopted ....
I can foresee a $20 to $30 stock price just based on the numbers for U.S burn victims inclusive of pediatrics ....
Add burn victims world wide, plus all other future applications...$$$$$
It's going to be dumped. trashed, crushed, disposed of, discarded, and scraped.........Bought 1000 shares yesterday @ $8.73
On Cramer CEO also mentioned the PMDA. Said 2020 for a broad approval and that it was a "big deal" for AVITA...But no time frame.....I believe it was TD who suggested they wanted it before the Olympics in July 2020....
Big year for us next year, pediatric approval, pmda in japan, plus more research reports on other indications, and any other goodies their working on behind the scenes...
In all fairness the CR put the kabosh on $10 in 2019, all though we still have 2 weeks to go...
But the $120m raised should help us head north from here
That may have been an unfair comment for me to make… I learned nothing new from Perry only because I’ve been engaged in this company for quite a while… That being said any new investors who don’t know the story might be compelled to get their feet wet
Great visibility for this company… If I’m a prospective investor Perry did nothing to excite me
Nothing yet with about 10 minutes to go
Happy thanksgiving to all RCEL posters/non-posters. A great group of people...I thank God daily for the great Country we serve, and with all the blessings we enjoy....
Come on Mike stop the nonsense....One could easily assume he was referring to the cramer gig. And it is possible he was referring to that and more. Stop being such a hard ass....
Hez....You didn't have to supply this info, buy thank you....the way i read his last reply is the media outreach should begin in roughly 10 days, not necessarily the Cramer gig......Thought's???
What BS? If your going to call someone out publicly please be more specific. Is the poster lying (IYO), or the company? Thank's
Good morning all.....Fitz i agree 100% with the timing, however what ever revenue streams RCEL can add to the pipeline will increase the value when big pharma decides they just have to own us....
Based on the asx last night that last half hour of trading yesterday was one hell of a head fake....
Bargain basement price as looking in retrospect 2 years from now......Looks like we had a major reversal today.....I've seen this happen with this stock in the past and profited from these reversals.....
Today i missed the boat...........Oh well....My wife still loves me and the kids still respect me..............As long as daddy brings home the bacon....lol
RCEL
DRCEL
Bid: 8.00 Ask: 9.37 Last: 9.00 Chg ($): 1.12 Vol: 755,846
"Turn around Tuesday".....Very appropriate....IMO...the ASX will confirm your statement in about 2 hours
And a testimony to AVITA's tech platform and management....
Over subscribed.....Nice
Here it is..
AVHAvita Medical Ltd
Ann: Institutional Placement of A$120.0 Million
View Thread
Watch thread
ASX News
851
13/11/19
09:40
Post #: 41392915
Share
Release Date: 13/11/19 09:39
Summary: Institutional Placement of A$120.0 Million
Price Sensitive: Yes
The announcement content will be available in 16 minutes at 09:59
Hey Spetch, There is no way to know how the pps will react short term. Worse case scenario we open in the low 8's and trade a little lower from there..
My opinion based on the strength of trading recently, being added to the ASX 200, it's recent up-listing to Nasdaq, I believe the market will look at this offering with enthusiasm as RCEL is bank rolled through the next few years and beyond which should take them to positive cash flow and profitability.
More importantly institutions now realize RCEL can achieve it's full potential as a multi billion dollar company and will not be hindered due to lack of funding
One more thought...A potential suiter wishing to buy Recel has one less arrow in their quiver. There will be no pressure on Recel to accept a low bid due to a cash crunch.....All IMHO