Nemaura Medical Inc (NMRD)

[BigBill1]

Timeline for CE approval:

SugarBEAT submitted for CE approval Q1 this year
So it’s been at least 25 weeks
CE approval for medical devices normally take 12-16 weeks
Nemaura updated video from 2 weeks ago stated they expected CE approval within weeks.
Initial 12,500 SugarBEAT units ordered from contract manufacturer, marketing people hired, sharp increase in promotions

The original patch (the technical breakthrough) was approved last year. The resubmission was primarily to improve the electronics such as upgrade to bluetoothe.
CE approval should be any day now and i predict share price to hit $20-$50 shortly thereafter, as many consider this to be the holy grail of diabetes management, especially type 2.

I posted this update for the new investors and those who are in the process of doing due diligence.