RMTI $10.16 That Adcom on Nov 6th is fast approaching. I've researched it and strongly believe that the Adcom will be positive. By adding iron to the sodium bicarb combined with the acid in the making of dialysate is very clever (Dialysis). It will reduce the need for Darbapoeitin/Erythropoeitin therefore keeping the dialysis pt's Hemoglobin within a therapeutic range. So, this would save the Healthcare system big money.
I'm sure Amgen is not liking this. (They sell Darbepoeitin one of their biggest sellers)
New Economy Portfolio Update..exited a stock that has some downside pressure this morning on it for a loss.
Alert..exited starter of $RMTI at $9.65 for a 3% loss in the New Economy Portfolio from $10.05 entry on 10/22. Will wait to see how this shakes out. Cannot fight the negative trend so cut for small loss here.
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