Wednesday, September 19, 2018 4:25:17 PM
PolarityTE is a regenerative skin and bone company. They take a small donor sample of skin or bone and use it to regenerate and grow a sort of paste which is applied to the open wound (burn victim skin replacement, for example) almost like spreading cake icing, where it grows as full thickness skin, complete with hair follicles, pigmentation, nerves, and sweat glands. It is a huge improvement from the current swiss cheesed sliced up skin graft methods. Some of their scientists are people who left prestigious jobs, such as the head of the burn center at Johns Hopkins, because they saw how promising this new method of skin replacement is compared to the old skin graft method of doing things. They completed animal testing, and human testing of the SkinTE, and are now expanding their operation and selling to hospitals and clinics in several locations, with plans to spread nationwide. Their bone division is still in the testing stages, but also looks very promising, able to grow back normal looking bone on damaged animal bones. And they are doing research to expand into other things such as cartilage and organs. And they also use their labs to do contract research for other companies as another way of making income. They have over 100 employees now. They are expanding rapidly. Many of the employees are big shareholders, yet there seems to be very little inside selling. An insider just yesterday bought a lot of additional shares. I've been following this company for over a year. I think they're just getting started. I have been accumulating slowly on the dips.
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