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FInaly, a positive feeling and glad I still have shares in this company after all thse years
Could be a game changer ....could but not would....yet.
Well well , something is a foot but how much and when ? I do not care if this turns into a PnD I want out after 14 years . BTW re 'tens of millions of funds' that will be Yen , why does IF try to spin things doesn't he know we are tired of these jam tomorrow RNSs . This is another one imo large amounts of sales are a way off- 3 years ?
IMO its a significant milestone, both in China and for us.
RNS doesn't highlight this though.
Yes it is a game changer position now.
Yep, IF underplaying things as usual, dropped the “significant” from the multiples.
W-Nice_ to_see_all_studies_complete-$
Yes gixer agree. AgM should be very interesting.would be nice to have the GUT patent approved now
It is Yuan not Dollars, BH spent a few million pounds on Fruitflow since 2015.
I have read the Implementation Rules document, it does not specify the time frame of approval, but given the work (pre-launch trials and report which are required by the Rules) done by BH, I expect it will be approved very soon and BH needs this to drive its growth.
BH and SAMR have worked together on the process. BH started the process well in advance of it being published to the industry. FF is the test case that has been used to drive the process change. I think there is little to no chance of it failing to get approval. It’s now just a case of SAMR exercising the approval process for the first time. My expectations for this are < 3 months, perhaps 4 to 6 weeks? No idea really, but that’s my feeling.
Everhopeful, IF is not trying to spin things, he has accurately communicated the news from China. That is exactly what the press release said.
Let's hope the deal with BH is a good deal"% wise
Provexis PLC - Reading, England-based producer of heart-health functional food ingredient Fruitflow - Says China-based Byhealth Co Ltd has submitted an application to the State Administration for Market Regulation for a new permitted health function claim for Frutiflow in China. Say the claim states that Frutiflow helps to "maintain normal platelet aggregation function and benefit blood flow health." Notes Byhealth approval could bring significant orders for the food product in China. Adds it has been working with Byhealth for more than six years to assist in the launch of Fruitflow-based products in China.
28 trades with one being a big dump . Disappointed, lots of PXS knicker throwers on here and they are not buying ! come on , was hoping for 2p and I'd be off.
Re The ' millions of funds' quote that IF printed , if people on here know that it was $s then why couldn't IF have said so as well?
I see the future as a slow burn , very disappointing as I am a fan , been taking FF for a long time since Sirco.
The press release.
https://www.prnasia.com/story/416412-1.shtml
Translated by Google
"The entire research and development lasted nearly eight years and invested tens of millions of funds."
Translated by Babelfish
"The entire research and development lasted nearly eight years and tens of millions of dollars were invested."
Which one is right, if any, who knows.
Keep in mind that approval will be forthcoming. Have a look at the approved ingredients list and associated health claims available in China, it is very limited. Then look at what is currently available in the heart health, for example by BH as being the market leader. Consider what it would mean for a new scientifically substantiated ingredient in that category. Then consider that BH say that FF will be used as a main ingredient for their heart health platform, and a large number of multi-national companies have agreed to commercialise FF via their distribution channel. Then consider that platelet aggregation is a risk factor highlighted in China 2030 and BH are addressing that. Then consider the state support that brings. Then consider the partnerships that BH have made to push it to the Chinese population. It’s still going to take time, but it’s looking good to me. But WTFDIK.
Not forgetting the 5 year exclusivity on the health claim.
Dr H,
Very good post. Fully agreed with you. 18P takeover offer from BH please.
Good point Gix, and also being years ahead of the rest.
Thanks Gixer re $s.
BH exclusive means ( I SUPPOSE ) only imports will be competition which will be more costly. So BH are confident on getting their money back and some imo. But will they be ramping up sales over time with word of mouth soak in slowly approach or will they be spending lots on advertising?
Boring Bernie what do you think?
Anyway the rush aint on , it was another jam tomorrow release. When BH layout some substantial FF on shelves plans this will motor . As someone suggested I cant understand why BH haven't made a move on PXS since PXS is in a distressed state barely self sustaining. DSM leaving the scene is another puzzle.
Everhopeful, exclusivity means only By-Health will be able to use the health function claim that they applied for for a period of 5 years.
How that will work with CBEC I have no idea but they wont have Blue Cap anyway.
And DSM definitely haven't left the scene.
31-Aug-23 10:36:34 0.603 -10,671,737 Unknown* -64.35k O
If that was a buy then why no rise ? clever MMs ? The BB is as quiet as ever , just off the radar these days .