THat's a major confidence boost to know cxbladder is way ahead of the game compared to matritech... However mac, cx bladder has the lowest specificity...
mac - did matritech ever get medicare coverage?
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Ah yes Baller, watch this space, cxbladder(triage) is about to be launched any day now, it's target market as I understand it, is high specificity early sequence triage, it will be interesting to see if it is 96% or higher
Matritech and Medicare, yes also, 10 years ago leading the way,
http://www.businesswire.com/news/hom...r#.U2Yc_6iSxh4
I believe it's matter of time when cxbladder gets medicare coverage as well, as jackie walker was confident but it was a matter of time, and reported medicare was impressed with cxbladder.
However, snap does make a good point about matritech not gaining sales traction even after gaining approval from CMS. Urologists not accpeting matrictech much??
A little research is a good thing a lot is even better.
Ten years ago the concept of a urine test for cancer was absolutely revolutionary and the hurdles for the early companies like Matritech and products like NMP22 was totally enormous to overcome.
NMP22 has been about for well over ten years now and your figures are not only ten years out of date, they only cover a part of the potential cxbladder market as cxbladder can do much more than NMP22.
The glass half full view, because we know you don't have one, is that ten years later the medical and clinical profession is now comfortably predisposed to new technologies like this, and, especially so to a test which provides superior results for their patients, and, which prospectively is adequately now accurate enough to lower work up costs for insurers by 30%.
Really think that the whole aim at present is to get accepted as a better replacement for cytology as a bladder cancer test. According to the chart previously posted NMP22 just does not have the stats to do that. An adjunct to cystoscopy is the primary goal replacing cytology in the clinical pathway I think.
But then what would I know-
I am just an innocent bystander holding a few PEBbles:)
Neverin the history of Sharetrader have so many had so much to opine.
And so they began to pontificate about PEB, the little New Zealand business, many hundreds of pages and thousands of posts ago. They held forth, declaimed, preached, sounded off, spouted off, gave sermons, lectures, extolled, decried, dogmatised (sometimes absurdly?), some partook in a game of one upmanship to show their knowledge (and sometimes their lack of), surmised, conflagrated, summarised,supposed, extrapolated, assumed (assumption, the mother of all stuff ups?), speculated (a great deal), planted doom and gloom, hype and hoopla, and sometimes theymade personal attacks (signs of desperation?).
So, really, have many of them had something solid and worthwhile to put forward? Or has it become all to much (or is that too much?) to any longer come to some sort of decision?
Some left, others took their place. Perhaps some of those that left did so out of boredom, or found the screeds too tedious, or too funny to take seriously, or maybe they were astonished at some of the advice being offered. Faces turned upwards to behold and follow those who posted most, perhaps in innocent acknowledgement that they were so well educated in the company in question, by sheer dint of their regular appearances on the thread.
Some even appeared to become fence jumpers (I love it, I don’t). Many panicked, very often without fair and just cause. But had the panickers been reading some of the numerous posts, it is perhaps little wonder. To a new investor, there has been much to scare him or her into selling. Just as,on the other hand, there have been many posts where one needs experience to filter out hype, pumping/dumping, smoke and mirrors, you name it, it’s all in this thread. Along with some odd grammar; their/there, or, company’s or companies, now which is which?
A certain poster has alluded to poor spelling in the past, maybe not here, but definitely elsewhere. But it’s worth a laugh sometimes, and they should egxpect (sp??) the odd spelling mistake, surely? Perhaps poor spelling emanates from the modern day txt spk(!).
Now, some many years later, what do they know and understand about PEB? Not the shareprice, the business. (Did they buy the business, or the share?) From one or two posters, they should know much, for they have given freely of a great deal of their time to help all to understand this company. And thanks are due to them. So, are all now well informed, having of course also done their own diligent research, and are they patient, or impatient, in, or out? Or having a bob each way, depending on the day? Are they investing in the share price, or the business? Or simply going around in circles?
Maybe, for some, this thread is the greatest teaching platform, for investor psychology.
I stole a post from Mac on the ATM thread (thanks Mac) “Well, perhaps the only uncertainty is that there may not be any uncertainty.”
And so they continue to pontificate............... And are they any further advanced?
Oh dear, I should of (grammar?) never started this! But don’t all you posters stop, it’s such exsellant (?) entertainment!
It’s ok people, there is a man in a white coat at my door.... I have all this noise in my head –buy/sell, sell/buy, panic/don’t panic, who, which, what, when, why? I am but an innocent bystander, watching all the posts go by.
Absolutely no offence intended to any poster, after all, there are definitely some excellent posts on this thread.