Replies to post #258278 on Bioelectronics Corp (BIEL)

[longtrailer]

Interesting. This appears to be a new product from Bioelectronics:

Manufacturers
Name Address
Bioelectronics Corporation 4539 Metropolitan Court
Frederick, MD, 21704
United States Of America
Products
1 . Hand-held deep-tissue electromagnetic stimulator
Product Type Single Device Product Effective Date 3/03/2021
GMDN 35169 Hand-held deep-tissue electromagnetic stimulator
Intended Purpose Adjunctive treatment of postoperative pain.
Specific Conditions
No Specific Conditions included on Record

[art2426]

Thanks for posting that, nice find. It looks like you beat the company announcement.

[powerbar03]

Wow, thank you.

BIEL

[NHNBS]

Nice find.

[White_Knight]

In the 11/25 chairman letter, it was mentioned they needed the MDSAP certification to sell in Australia and Canada among other countries.
I hope this is the one they mentioned.
Great find!

[bielupandaway]

Is this a government contract?

[awvskeeter1]

This will be huge. Good find. $$$BIEL$$$

[srinsocal]

Thanks dblock, As NHNBS mentioned this sounds like the RecoveryRx

The Aussies just have a unique way of describing it.

ActiPatch is already Cleared in Australia as Mundi has been selling it there.

The MDSAP is a relatively new international regulatory system that is gaining subscribers but I don't think it has been mandated yet by the countries supporting it.

What caught my eye was the 'Sponsor', LMT Surgical Pty Ltd, on the TGA form. This very well could be a New BIEL Partner.

Australia Therapeutic Goods describes a 'Sponsor' as:

"A sponsor is a person or company who does one or more of the following:

Exports therapeutic goods from Australia
Imports therapeutic goods into Australia
Manufactures therapeutic goods for supply in Australia or elsewhere
Arranges for another party to import, export or manufacture therapeutic goods."

The one that fits for LMT Surgical is Importer.

LMT Surgical describes its self below. It sounds like RecoveryRx would be an excellent addition to their Product Line.

WHO WE ARE
With more than 20 years’ experience, LMT Surgical has been providing products and services to the Orthopaedic, Spine, Neuro, Robotics, Plastics, Biologics, Sports Medicine and Aesthetics communities of Australia and New Zealand.

We are proud to offer a product portfolio which covers most pathologies and philosophies required by these medical practitioners, taking pride in involving ourselves in partnering with healthcare professionals throughout their careers, to achieve the best outcomes for clinicians and their patients.

https://lmtsurgical.com/