Replies to post #69385 on CYduct Diagnostics Inc (CYDX)

[slazenger7]

Not sure about time, however the fees involved aren't much -

3.0 Fees For The Right To Sell Licensed Medical Devices

Health Canada carries out post-market monitoring and assessment of medical devices. The fees for the right to sell a licensed medical device are used to pay for a portion of these activities. The fees are charged annually for the twelve month period beginning on November 1 of each year.

3.1 Fee Schedule

Part 3 (Division 3) of the Fee Regulations (2011) sets out the following fee schedule, based on AGR:

Fee Schedule
Annual Gross Revenue from the sales of the medical device and any other devices in the same medical device family during the previous calendar year Fee to be paid for the right to sell the medical device
Less than $20,000 $50 annually increased by 2%
$20,000 or more $330 annually increased by 2%

http://www.hc-sc.gc.ca/dhp-mps/md-im/applic-demande/guide-ld/md_licren_mm_homren-eng.php#a21

[slazenger7]

Time frames are noted here:

http://www.slideshare.net/emergogroup/getting-medical-device-approval-in-canada-16021635

The process here - Health Canada Medical Devices Chapter 2: Canadian Requirements

http://www.emergogroup.com/files/ca_reqs-chapter-2.pdf

[FatFox]

Slaz, i will say this you do a bang up job with DD. You have your opinions as we all do, but I enjoy reading most all of what you have to say. I hope at some point you buy SNDY. If you already haven't