GREY:SBIYF - Post by User
Comment by
CurlyMickon Feb 18, 2012 10:56am
121 Views
Post# 19553722
RE: RE: RE: Pay attention to the news
RE: RE: RE: Pay attention to the news Thanks Viking.
I read their PR this way. Tasly has the right to do what they want and will guide the company in any way they can as they work together; yet, SBS is not restricted to working only with Tasly. SBS can sell their proprietary processes to anyone. Begs the question though, why give 70% away. I speculate that the answer is because the Chinese market is ripe for the picking and can lead to faster approvals elsewhere in the world.
IMHO, China doesn't F around when it comes to getting products that might help to market. Although it's a weird business environment for westerners, Tasly is undoubtedly very familiar with the bureaucratic crud and party politics.
Now about the West; does anyone know approximately when SBS sent the insulin product for final approval to the FDA?
GLTA