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Helius Medical Technologies Inc HSDT

Helius Medical Technologies, Inc. is a neurotech company in the medical device field. It is focused on neurologic deficits using orally applied technology platform that amplifies the brain’s ability to engage physiologic compensatory mechanisms enhancing the lives of people dealing with neurologic diseases. It develops, licenses, or acquires non-implantable technologies targeted at reducing symptoms of neurological disease or trauma. Its product Portable Neuromodulation Stimulator (PoNS) is a non-implantable medical device, inclusive of a controller and mouthpiece, which delivers mild electrical stimulation to the surface of the tongue to provide treatment of gait deficit and chronic balance deficit. PoNS Therapy is integral to the overall PoNS solution and is the physical therapy applied by patients during use of the PoNS neuromodulation stimulator. PoNS is used as an adjunct to a supervised therapeutic exercise program in patients 22 years of age and over by prescription only.


NDAQ:HSDT - Post by User

Comment by Hoptimiston Jan 25, 2019 10:41pm
158 Views
Post# 29284238

RE:FDA Additional Information (AI) Request

RE:FDA Additional Information (AI) RequestAlthough this is only my second post to this board, I have been following it daily for at least two years.

In addition to the life-changing potential benefits of this medical device, the comprehensive financial analyses and asute insights provided by Prokofiev are the key reasons I decided to invest a substantial allocation of my overall portfolio in Helius Medical.

Relative to all of the stock bullboards that I have followed over several years, I have never encountered a more knowledgable or accurately predictive poster of information than Prokofiev.

As such, I appreciate your summation of the recent turn of events with the FDA asking for more information, and I am trusting that you are (as always) probably correct in that things haven't changed much from a fundamental perspective.

My outstanding questions are, however, what else could the FDA possibly need to know, since they have been working so closely with the Helius team on the approval process?  

Why is Phil Deschamps saying, "We believe we have the data and information to address the FDA's questions."  Shouldn't he be saying, "We are confident that we have the required data and information..."  

Why was approval given so quickly by Health Canada and the US FDA needs more convincing evidence?  

Do you think the odds of final approval have gone up or down with this current delay?

If this is just another bump in the road, shouldn't we all be taking advantage of this brief drop in share price and backing up the truck?

Feel free to ignore this, or reply to any or all of it. 

I'm still in for the long haul, but a little more nervous after this tumultuous week. Hopefully it's just another of several bumps in the road.

Thanks,

Hoptimist









    
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