The CEO is a MD, MIT MBA and Former Portfolio Manager at Putnam $4 Billion Healthcare Fund
A LIQUID noncoagulant homostatic agent classified as a MEDICAL DEVICE !!!
Arch Therapuetics has Initiated Human Clinical Trials in Europe--200 potential applications including Pressure Ulcers (bedsores) 2.5 million cases USA with Annual Cost $10 Billion
o Arch is a small public company with a medical device pathway, relatively low capital requirements and potentially high margin novel products targeting large growing markets. Expect first product approval in 2016.
o Arch Medical Device: A LIQUID noncoagulant homostatic agent known as “AC5.” Works in presence of “blood thinners.”
Arch Therapeutics, Inc. is a medical device company developing totally disruptive technology to stop bleeding (hemostasis) and control leaking (sealant) during surgery and trauma care. Scientists at Massachusetts Institute of Technology invented this universal fix-all hemostat that works in a few seconds.
The Company’s product, AC5, a liquid peptide, should result in faster, safer, simpler surgery with potentially up to 60% savings in time of surgery. Spray AC5 on a bleeding artery and the bleeding stops without mechanical pressure being needed in seconds. This is disruptive industry technology.
AC5 stops bleeding promptly. AC5, is desperately needed by soldiers ("13 Hours"), surgery patients, those with foot ulcers or even bedsores (A $ 10 Billion US market). The Company has identified over 200 potential areas where AC5 could be used.
The Cheapest Medical Device Stock I've Ever Seen By Michael Murphy CFA
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