IBX 9.76% 7.4¢ imagion biosystems limited

Ann: Imagion Biosystems successfully completes toxicology study, page-13

  1. 1,071 Posts.
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    question: how long will ot take medical devices to hit the public?

    unlike therapeutic drugs, clinical medical devices are pretty straight forward and relativity short.
    IBX have 12 to 18 month clinical development plan (this was said from Bob 1 year ago)
    He also pointed out Q1 2019 of human trials, magnetic sensors.
    for revenue and business aspesct they do sell partical tools for study purposes/ research tool.

    the postive results of human trials will spike or have a huge uptrend. (lucky i bought super cheap)
    imo it will bring confidence and settle back to its ipo value or more.

    yes everyone keeps pointing out cash is getting burnt and CR on the horizon, you need understand thats normal for biotech IPO at its early stages. IBX milestone is extremely confidence news.
    the development and the progress is great, alot action less talk.....BOB is not copy and pasting words and changing a few words around, to every ANN he brings out. its clear they have strong progress!
    theres alot dots be connected

    in about 3 years time IBX will be commercialise. around 2020 or 2021. - from Bob

    Bob continually says he wants to focus magnetic tool to the market as quick as he can.
    Last edited by Alby118: 25/05/19
 
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