PEB - Pacific Edge Ltd

[snigmac]

It is possible that Fish and CxBladder have carve outs, but the current version of the LCD cuts coverage and this is why there has been a negative reaction from the health care industry in respect to the LCD. By analogy in New Zealand, cutting funding to CxBladder and etc would be comparable to cutting funding for breast cancer screening.

[etrader]

Just checking is at the end of this month we get update if LCD is rejected or accepted ? They said when annual meeting is in September they will have an answer on the legal position it looks

[snigmac]

Yes we will know on or by 27 NZT whether PEB will keep or lose coverage.

My basic understanding of the legal position is that in the event that coverage is lost, PEB has the ability to raise a reconsideration request. It's unclear whether coverage will be provided (during the period a reconsideration is raised) and the legal position of what comes with making a reconsideration.

PEB has been very careful to communicate that it is not clear whether coverage will be affirmed or not. It is particularly interesting that a vague amount has been spent on legal fees to advise around the Medicare coverage(that is in addition to normal legal fees) and why more work on the worst case scenario hasn't been completed in advance.... the difference between the 2023 and 2024 spend on legal fees isn't big.

[winner69]

Test volumes June Qtr DOWN 25% on pcp

In big picture of what future is going to be this not really important

http://nzx-prod-s7fsd7f98s.s3-websit...271/422452.pdf

[Greekwatchdog]

Test volumes June Qtr DOWN 25% on pcp

In big picture of what future is going to be this not really important

http://nzx-prod-s7fsd7f98s.s3-websit...271/422452.pdf

Only thing that matters in the short term is Novitas decision. Quarter updates are great, however with this 2 year hangover things have been om hold.

[whatsup]

Market pretty skitterish after todays update !!

[snigmac]

The communication from PEB has been confusing... I'm not surprised people have sold given that PEB appear to have miscommunicated that while a lcd decision will be made before 27 July 2024, there shouldn't be any expectations on what the result will be.

[Greekwatchdog]

So based on last years decision it happened a week before deadline. Might make for an interesting weekend. Heads or tails

[snigmac]

I reckon that the closer it gets to 27 July 2024, the more likely that coverage will be kept. Who knows tho...

[jonu]

I reckon that the closer it gets to 27 July 2024, the more likely that coverage will be kept. Who knows tho...

I was thinking similar. If it was a definite no you'd think they would just say so. You would hope the Urologists in the US are requesting it. What troubles me is the corrupt nature of the US medical system and what competing treatments are doing in the background.

In the event of a shutout you'd think PEB would be a likely takeover target for a big US player with pockets deep enough to get its suite of treatments across the line.

Discl; Holding