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Sunday, 02/07/2021 3:04:26 PM

Sunday, February 07, 2021 3:04:26 PM

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Nadav Kidron mentioned in the video that if approved, his projection for getting Oramed into the U.S. market is around 2022-2023. China will probably get access sooner since they signed a 50 million dollar licensing agreement with a Chinese partner (Oramed has received most of that money already.) The Chinese partner will pay for taking Oramed through the Chinese FDA. Oramed will get a 10% royalty for net sales when it gets to the Chinese market. China has the most diabetics in the world (117 million).

The diabetes market is 600 billion per year.
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