Buyout/schmyout. This company has shed its mistakes, has real focus, and a dynamite product. Cash? You think they will have problems with raising cash with a potential billion dollar product? Doubt it.
This kind of cynicism is rampant these days. Sure the company stumbled badly for a while but they have clearly taken stock of that and have essentially abandoned everything that didn't make sense for them. STOP to my eyes(I'm a doc) has enormous appeal as a method to replace the invasive and expensive tubal ligation. One of the researchers did TEN in one afternoon in his office. TEN. Count 'em. Try doing that many tubal ligations in a hospital setting.
I guess investing in stocks like this one at this stage is as revealing about ones personality as anything else. I'm an optimist and am betting that these folks aren't stupid and realise they have a major winner on their hands and have bagged everthing that distracts them from this. It's clearly and all or nothing investment, but the 'all' part is really appealing.
I believe STOP IS in fact a boffo product... but there's danger here with the cash burn rate and (to be generous) their 'not so great' track record in the marketing arena. Nothing is coming in whilst a whole lotta money is being shoveled out the door... if you read the financial statement they admit to being inadequately funded in the critical Phase III-market period. That recent $14 million infusion is a finger in the financial dike. CPTS is banking on a Hail Mary pass (buy out) upon FDA approval, which is by no means a gimme, despite the optimism. Yup, if all goes perfectly according to plan this is a $40-50 stock, maybe more, in the right buy out. But folks, good people or not (I'm sure they are), the fact is CPTS could easily run out of money and be holding a heavily discounted patent as it's only real asset.
Nice to see you again. I believe on medical devices the FDA has a shorter review period as oppossed to drugs that interact. Is this company's Phase II trial universe large enough to make the trial pivotal??
From what I have read this is not nearly as invasive as laporoscopic devices.
i also heard that the FDA appoval may be sooner than originally estimated. not "around the corner" but that the phase III may be cut short based on favorable results. just a rumor i heard based on the positive results thus far...