GREY:LXXGQ - Post by User
Comment by
iamjunobazon Jul 03, 2020 12:48pm
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Post# 31221091
RE:RE:RE:RE:RE:RE: LXG final redesigned instrument
RE:RE:RE:RE:RE:RE: LXG final redesigned instrumentAbout 12 months ago they set about redesigning the machine for commercialisation. The original design means it would have cost 100k and would have been bulky
With the expertise they employed the machine has shrunk into a much smaller package with much higher accuracy and will be sold at a price that is very competitive at a good margin
The reason for the FDA timeline is they have only recently finished the final design and tested it in DHMC. Now they are happy with everything and know it works as expected in the commercial packaging they can apply for FDA
I believe pre FDA submissions are ongoing,through July and August they will continue to test and submit data to further their FDA application which should result in approval in September or slightly sooner
Launch to the World of the final machine design should be around the 14TH of July