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Re: kayak_wench post# 114063

Monday, 12/17/2018 4:02:24 PM

Monday, December 17, 2018 4:02:24 PM

Post# of 176811
Its also a reality check on getting approval from FDA without clinical trials. Plus they are intelligently pursing Europe (get it together Vivos!). They also know how to work getting funding better.

"After testing the technology on more than 6,000 animals, it took Alpha Tau Medical less than a year to start clinical trials on humans, in February-March 2017."

“We pray and believe that by next year we will have the first approval in Europe and then we’ll have approval in the US and Japan, with a very clear roadmap for each country,” Sofer said.

Meanwhile the firm has started two additional clinical trials in Italy, one of them at La Sapienza, in Rome, and has raised some $29 million in a third funding round from various angels and VCs, Medison Pharma, several investors from the US and Europe, Shavit Capital – an Israeli investing firm focusing on late-stage investments, crowdfunding platform OurCrowd, and billionaires like Ronald Cohen, Alan Patricof, plus the previous investors, Sofer said.

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