Waiting for hopeful 1st round approval on what is being called "Disruptive technology" in the surgery and surgical closure processes field on the first of 8 already specifically designed low heat, non scarring, non necrotic tissue welding devices.
It's a multi billion dollar industry. Look at how popular and wealthy people got off surgical staples as a relative comparison to see the potential here. Now having waited over 90 days with no FDA rejection it appears as the speculative buying is occurring on the assumption that FDA approval is near. The company brought in Frank D'Amelio who is world known in med device industry / FDA work and took nearly 6 months extra to submit. All in apparent effort to get it through on first go round. Very strong and highly invested magm't in this low floater.
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