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Fortunately, you’ve never had a family member die in hospice...
Hospice is about making you comfortable as you die. When you go to hospice few people walk out
I do not see wound healing as a big priority for hospice...
If I am dying and in pain... I’m not reaching for an actipatch... that is the place for opioids....
Hospice is for people that are dying
Sorry, they will want the strongest drugs they can get their hands on
I don’t see hospice users as being a big market for BIEL
If your in hospice, you don’t care how strong of drugs they give you...
I want to thank all that contacted the Va but especially Steve...
The VA is huge in my opinion...
I thought someone posted they knew a high up person in the VA and gave Keith’s contact information to them...
I do think that the VA is a big deal
I take it by the 9 million potential knee users in the system that this is nationwide.. or I guess worldwide....
And not just a certain geographical area..
Steve, was it you on the board that got BIEL a contact at the VA?
Mods... please stocky this post
So it is still being sold over the counter?
Stocked on some shelves or can be ordered from any pharmacy without a prescription?
That is great news... but different then the impression I got from one of Andy Whelen’s interviews....
That is big news... don’t know how long that takes to get on the formulary or if its limited to certain areas
But if it’s reimbursable \ paid for by the VA.
That’s big
The email literally was the link and a sentence that said please send to the email list
If they are going to send something out it would be nice to have a more professional looking email with their company logos on it, links to actipatch buy it now site and their sites and maybe just a short blurb on the company
Then info about whatever the email is about...
Create a template with the first things then add whatever content to it each time you send an email...
I frankly don’t care about investors getting contacted
I am more concerned with potential customers being contacted
Maybe they should send an email with that link and the try anti patch link - where that can buy the product to the thousands of pain management groups that can be found on the Internet?
And guess what... sending that email cost them nothing....
It would be funny.... if it wasn’t true
Ok.. I’m done. Good luck with how things are interrupted...
He was answering a question and used the word
If a product is accepted into the challenge they still have to go thru the fda approval process...
Will it be a win to be accepted into the challenge and not get fda approval?
Getting accepted into the challenge is just that... accepted
If u can find where it says win in fda documentation I would be interested
Does the innovation challenge documentation even say “winner” in it?
When I looked I see the words applicant and accepted
I don’t see winner in reference to being accepted into the challenge or if after review the device gets fda approval
BIEL came back this morning and said that it was not true
Why are you posting it again?
The only people that can make BIEL profitable is Biel management.
Shareholders and people on this board have no impact on the company....
Share price is .0017. You can go broke saving money
Steve, don’t distract from the laser beam focus...
I figure that there are 230 or so other companies that want to do business in Australia.. as they say it’s the largest conference in Australia..
So no it doesn’t surprise me that all those companies were there....
from 2017, how is this relevant?
That article is from Jan 2018
I am with you until the last paragraph..
We need sales
But I am also getting tired or saying that...
If they don’t get fda full body approval then they need to start trying to sell their 2 fda approved uses in the US
And the have NHS approval in the UK
And sell via their existing partnerships. Mundipharma... and make new partnerships...
And sell to the entire world’s pain population from their internet site.... if they sell from their internet site they will have a higher profit as there is no middleman... they get the entire seale price... all they have to do is start doing more social media and email marketing...
If the product works... we do t really need the fda... word of mouth will sell this product and the company will be profitable while helping people....
Isn’t that what this company is about?
It’s very quiet.. people busy stuffing mattresses?
If everyone “knows” the fda will approve the full body use...
Isn’t that priced in to the pps right now?
Why would we expect the pps to increase if everyone knows we will get another fda approval?
I hope I am wrong but I don’t see pps rising at all after FDA full body approval?
Why would it? We already have 2 fda approvals and has that helped pps?
I doubt some company is going to spend billions of dollars on a company that has no sales..
I think people have been way overly optimistic about what is going to happen to pps...
I thought NHS reimbursements by themselves would make BIEL profitable...
Let alone Mundipharma...
I’m not a business major or ever grew a business and sold it...
But it sure seems to me that if you have a product that has proven sales and demand that is increasing..
You’ll be in a stronger negotiating position and your company would be worth more...
If we didn’t get FDA clearance...
They would just have to sell OTC in the US and with their 2 already FDA approved uses...
and they can sell to the rest of the world....
The product works... they don’t have to have full body FDA approval...
It may make it easier.. but what they need to do is sell product...
They have the entire world’s population they can sell too...
If the 401k is with your current employer they often have plan restrictions...
And you can’t transfer your vested portion out of your current employers 401k to another fund if your still employed ....
The fda challenge is not won in November
Just the groups that are accepted in to the challenge
Just because you are accepted into the challenge does not mean you are approved...
And the challenge will take months...
They already have FDA approval for 2 products
I would say the price is staying where is it because the company has little sales and loses money each quarter..
“Full body” approval will not change sales...
Something else will have to be announced
What we really need are actual sales over potential....
Ok, i will be that guy... I hear Andy is in his 80s.
How long will he be involved in the company?
What happens to the company when he isn’t involved?