EMA regulatory decision is expected Feb 22,2013. Commercial sales July of 2013
DNDN has built a new plant in central Germany that is very similar to the Los Angeles and Atlanta facilities. It is a 36 work station plant that is scheduled to come on line in the first half of 2013. Europe offers a very concentrated group of patients. About 20% of the market is within a four hour drive of the German facility and 50% is within an eight hour drive. The logistics of using trucks or cars creates significant logistic and cost efficiencies as opposed to using airplanes. Of course, the remaining 50% of patients can be reached by air or possibly truck.
Sentiment: Strong Buy