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EDAP TMS SA Message Board

  • neilgerber2 neilgerber2 Mar 8, 2014 10:44 AM Flag

    Buy after the April confrence call?

    I would buy after the call if they say anything that could lead to an FDA date. I would gladly pay a higher price knowing that the FDA is going to make a decision and look to buy the long calls for Sept or further down the road. The only thing going for the company is a possible FDA approval and that is it. It is clear to me, they have NO CLUE on how to make money.

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    • I'd be surprised if there was any FDA update on the April earnings call. The latest information was that the FDA punted the submission to prior review by the Urological Devices Advisory Panel. It is scheduled to meet on March 20 and EDAP is not on the agenda. In 2013 the Urological Devices Advisory Panel met exactly once. Unless the FDA changes course, EDAP HIFU may not get approved in this calendar year.

 
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