Although Spinal SiNi Outperforms it's competitor materials I think it's before it's time. Too many doctors comfortable with PEEK and Titanium implants. We don't see ceramicised metals penetrating here. That's the closest comparison to Silicon Nitride. Any one with a good head would have realized to ease doctors feet into the field with Doped Peek and SiNi plated Titanium and rework their products for sales. Then let them ask themselves why not go full SiNi?
So why not? My guess is they needed the data for solid and porous in vivo and put their limited resources pushing in that single direction. I feel the new plan is the push towards dental. Within dental is veiled prospects of a push toward SiNi coatings. CTL is killing at least two birds with one stone,Purely on the push forward in technological application. the aforementioned Dental manufacturing joint venture and, my guess, reworking their existing CTL products to include doped PEEK.
Pretty obvious why they would need the Solid SiNi In vivo data to any one paying attention. The projected push of hips was 2018 2019. It's in whatever stage of development. My guess at this point, with Amedica's eyes always on this prize. Late stage.
Same with dental. It's in some stage of development that I doubt is square one.
everything seems to be developing nicely and pushing forward. From continued raw tech. development,The state of their financial books to market penetration ability they're on a clear path I feel.
I don't think Sonny was referring to Magna on his comments of toxic financing during the conference call. I had my doubts on Magna group but they seem to be looking towards the same target Amedica is looking towards on how to grow and survive with their position. Probably related to previous offerings with preferred or these same older firms that funded lending, purchasing more through the recent Magna offering. What makes me say this is comments Sonny made about looking for counsel on the best steps moving forward toward a CTL deal (one heck of a deal for the future of CTL in my opinion. Hats off to Chon for his business acumen. We're obviously in good hands with him at the helm of deals)Obviously a very fortuitous and mutually beneficial arrangement for both companies goals. You would not seek such counsel with Death spiral financing, nor would they be able to offer any useful advice I assume. Who knows maybe you do, just doesn't seem right in my mind to do so.
