UpdateI think most of us here are wondering why we have not received an update. So many unanswered questions. It is now past a year since the Shiseido Arbitration began with no idea of where this process is at. We have also no idea of what is happening with the Dermal injector. The shareholders have a right to know.
What is the reason for this ? I am beginning to think they are holding back an update until after the close of the current Private Placement on Nov. 18th. Why would they do that ? I think the reason being is that the news is not all that great. The Arbitration process could go on for months. The Dermal Injector is simply not ready for submission for FDA Approval. This doesn't mean the Arbitration Judgement will go against Relpicel and the Dermal injector is a bust. It means that we thought that by the end of 2022 an Arbitration Judgement would have been rendered and the Dermal Injector would begin being marketed.
This obviously is not going to be the case as we come to the end of 2022. There is no question that there will be an update at some point but I would not expect one until after Nov. 18th.