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Re: MrLong post# 50705

Wednesday, 01/26/2011 12:51:20 PM

Wednesday, January 26, 2011 12:51:20 PM

Post# of 105535
I like the $100 pps, and I wish it were this year, even if it takes 3 -5 years, I'll take it. Any thoughts on why you think this year, as opposed to estimated approval timeline of the FDA?

article dated August, 2010

"Arteriocyte says that it costs approximately $5000 per unit; however, increasing the scale of production should bring the price per unit down. The only thing needed to scale up production is approval by the FDA, and experts currently estimate that it may take 3 – 5 years for the approval process to be completed."

http://singularityhub.com/2010/08/04/arteriocyte-produces-artificial-blood-sends-to-fda-for-approval/#

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