United Health Products Inc (UEEC)

[DrStonks]

Many that are active in the chat and definitely the market, in general, getting impatient as to why the FDA approval is taking "so long"... It's just not, here why.


"According to a report from the agency, the average PMA application is approved 243 days post-submission. That’s just over eight months."


PMA submission was completed in November of 2019. As of today, we are just now approaching 8 months since submission. We are right on schedule... Add into that possible/probable COVID delays I'd guess that may push approval a month or two back. We are getting very close. If you can't stomach some turbulence you shouldn't have bought a penny stock in the first place.


P.S. From the same article (posted in 2019) "Currently, 92% of PMA applications are approved by the agency." I like those odds.



https://www.qualio.com/blog/fda-medical-device-approval-process#:~:text=process%20to%20take.-,How%20Long%20Does%20the%20FDA%20Medical%20Device%20Approval%20Process%20Take,is%20not%20a%20fast%20process.