Thursday, February 08, 2024 11:42:30 AM
<<<<<<<< Wasn't it RICH (Staelin) who proclaimed the SYNERGY deal >>>>>>>>>
Keith Nalepka hosted the 8/25/2022 conference call that announced the Synergy deal.
This event also gave the following information:
* BIEL has a working prototype for a rechargeable device, will need a new 510k
* BIEL's Goal is no further dilution
* OEM remains BIEL's main business model
* Adcock Ingram and Stada have not begun sales yet
* Don Joy will now operate under the Enovis name
* KT Tape is getting a new CEO
* BIEL's OEMs are reporting good efficacy
* BIEL is currently operating with 7 employees
* UCSD Dr. Illfeld Phantom Limb Trial is showing significant pain relief in 2 out of every 3 patients
* RecoveryRx ES under development with an oblong antenna shape, not sure if it will need a new 510k
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