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Biotech / Medical : Cytori Therapeutics, Inc.
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To: tuck who wrote (230)3/13/2010 9:31:55 AM
From: SnowShredder  Read Replies (1) of 251
 
Hi Tuck,

FDA is requiring them to do a trial for cosmetic application. It is already approved internationally and is being used in other countries for various applications. They mentioned that they could be profitable without the US market a couple of years ago. There are a few doctors that are using their device in the US, but it is limited.

ACC (American College of Cardiology Annual Scientific Session) starts Sunday.

I haven't had time to listen to their conference call, but hope to find sometime this weekend or early next week.

Best of Luck,

SS
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