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from yesterday 3,636,272 @ 1.0346
Does look like someone is accumulating.
mmmm sometime since we have seen a trade like that ,something going on ?
I think it is a transfer like the previous one not a trade.
DP64
why do you think that ?
W$
I can't see anything that would suggest it was a transfer.
Just a guess based on the amount compared to daily volume. Someone needs to pay a higher price to buy that in open market.
That is about £36 K , hope it heralds a new era for PXS , I want this story to end asap.
Well Google has us back at 1p so heading in right direction.
Not sure there's any significant news due soon though, so probably back below a penny shortly.
If you're not sure about that, then I suggest you review recent RNS's
Had another scan through and stand by what I've said.
You expecting any news prior to results in Sept?
I would expect more info on the future relationship with DSM, at improved terms, and think there is more than a fair chance of commercial product launch (es) in the mainstream Chinese market with the marketing power of By Health to gain fast traction.
The SAMR submission should be complete by the end of the first half of the year, so by the end of June. The approval is expected to be prompt, whatever that means.
Won't be holding my breath on any of that, just top up as and when in the meantime...
Dr Horrible you wrote “The approval is expected to be prompt”where did you read that , I’ve looked at the last few reports and can’t find it !
Sphinx,
I am inferring that from this document, articles 19 to 24 in particular.
https://gkml-samr-gov-cn.translate.goog/nsjg/fgs/201908/t20190820_306117.html?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en
We know from the RNS that the scientific tests are performed by SAMR.
Lets hope the SAMR does act "promptly" and in a "timely manner" although the timing of the submission is a little vague atm.
Hypothetical question, What happens if By-Health decide to take Fruitflow down the drug route?
pressed reply to early :)
Hypothetical question, What happens if By-Health decide to take Fruitflow down the drug route?
Will by-health drop the supplement health claim in favour of a drug claim or will submissions/ claims run together?
gix
we aren't exactly sure what BH have/are applying for as it is. BP function plus new function, or just new function ?
W$
By-Health currently expects to be in a position to complete the last of its eight studies in 2022, and it will file its regulatory submission to the SAMR for Fruitflow at the appropriate time, seeking to obtain a new permitted health function claim for foods such as Fruitflow that can demonstrate an anti-platelet effect. If By-Health is successful in obtaining a new permitted health function claim, it is currently expected that this would result in some significant orders for Fruitflow, potentially at a multiple of current total sales values.
We know that they are aiming towards submitting an "anti-platelet effect" type health claim to be included in the health claim register. None of the claims on the register fit fruitflow except the blood pressure one but IMO getting blue cap for this would limit the products ff could be used in. What happens after by-health get the appropriate health claim is anyone's guess atm.
From the Sept final results RNS
By-Health currently expects to be in a position to complete the last of its eight studies and file its regulatory submission to the SAMR for Fruitflow in the first half of 2022.
So in my mind, it is submission by the end of June, then it goes for approvals, which should be "prompt" and in a "timely manner'. So perhaps by around September? A few months to get approvals and agree release of the info?
Hence recent deal with bi-health starting 2023. Let's hope approval is quick. No worries about cash as we have plenty for now
I am hoping that BH are building up some customers for their FF distribution throughout this year, so that come Q1 next year, they have multiple other businesses onboard, not just their own products.
gix
are you thinking FF wouldn't get a bluecap for BP as well as one for platelets ?
W?