GREY:CRRVF - Post by User
Comment by
buyifisell1on Aug 07, 2019 11:10am
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Post# 30001943
RE:RE:RE:Something Anything
RE:RE:RE:Something Anything
Looney,
You are right in pointing out that CVR was always a dead duck if the device ultimately failed to get FDA approval. I was concerned that the FDA might reject the initial application - which they do often. That equates to time spent figuring out how to address the FDA's reasons for rejection, re-drafting the application and then getting back into the processing queue. In other words, probably a 1 to 2 year delay. I don't see them being able to survive 1-2 years without raising cash.