TSXV:VER.H - Post by User
Comment by
smush74on Oct 01, 2014 1:16pm
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Post# 22987317
RE:RE:RE:Verisante Technology, Inc. Announces Submission to the FDA..
RE:RE:RE:Verisante Technology, Inc. Announces Submission to the FDA..
if it was a 510(k) application around six month
The FDA does not “approve” devices via the 510(k) process - they “clear” them for sale by determining if the applicant’s device is “Substantially Equivalent” to another 510(k) cleared device already legally marketed in the United States. Only devices that go through the Premarket Approval (PMA) process are “approved” by the FDA. Most of these are Class III devices.
They only mention talks so don't really know which direction they have to take