RE: US & China2 Aug 2023 11:10
Morning all.agree that we should get china approval(all being well of course)within next15/18 month and perhaps slightly sooner.should hear confirmation of NDA submission by or shortly after end of september. re FDA, i'm getting more concerned as time passes without news of the SPA.i assume that if they had reached agreement we would be told immediately as it would be good news which the would want to disseminate(unless the requirements are too onerous to attract a third party?).so either they have failed to reach agreement(which they probably wouldn't announce specifically,but just include in some periodic update)or else they are still discussing.just speculation and could be wrong,but concerning that time goes on with nothing being said.just on DLI,i assume they don't formally announce these tie ups as they are simply not material.that said,i am mildly encourage(i emphasise mildly)by the fact that we have had 3 in quite short order.perhaps there will be some material benefit eventually in aggregation.i imagine these developments are down to our very own Deep,and i hope that perhaps they may now have someone in that division who actually has some vision and drive.what they really need ,imo,is some tie up with a life company or actuarial body, as that could actually move the needle.will it ever happen,who knows! anyway, regardless of what has been happening, less that a month now till half year results, so some news by then no doubt.