InvestorsHub Logo
Post# of 24568
Next 10
Followers 88
Posts 12370
Boards Moderated 1
Alias Born 07/24/2009

Re: None

Friday, 11/06/2009 1:21:36 PM

Friday, November 06, 2009 1:21:36 PM

Post# of 24568
Biel Update From Joe Noel
Everyone:

Here is the latest on BIEL. Sorry not to be able to respond to all your messages - Have about 100 between Tuesday and Today.

FDA - We have a meeting with FDA ONE WEEK FROM TODAY!!!!!! We believe the hold up on clearance is a classification issue. We are a Class III but we have applied for reclassification. We think FDA is holding clearance until we are reclassified to Classs II. The big news is FDA has invited us to a meeting on Friday of next week to discuss the isuse. We are hoping this will resolve things. Very exciting!!!

Tylenol Study - IT IS DONE. SHOULD HAVE RESULTS NEXT WEEK!

Direction of the Company - Monday was a huge day for BIEL. For the past year I have continued to tell you that the priorities of BIEL are 1) clinical trials, 2) FDA clearances, and 3) building the brands. On Monday we finalized our marketing plan - BIEL's priorities have now changed. It moves BIEL to a new chapter in its corporate life. It is now one of revenue generation. Over the next few months you will here a lot about this new chapter of rev generation. Also will hear a lot about our entry into Japan and the domestic and international TV ads we have designed - very classy and high quality.

None of us at BIEL have lost any confidence. We feel FDA clearance is not a matter of if - only when - this meeting with FDA next Friday should be very interesting and we hope the event that breaks the log jam. Joe Noel

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.