Thanks for reminding me, in all the excitement, I had lost sight...

Thanks for reminding me, in all the excitement, I had lost sight of something.

Yeah I had +1 this. I have seen an immediate family member live through an ongoing venous ulcer. Rebandaging what was basically an open wound daily. As a laconic old school bloke, he never told me what that meant to him, and his sense of self, but I am pretty sure I knew.

When I bought my first Tissue shares, (long time ago) I did so with the understanding of my SO that if it didn't pan out it was a donation and our part of holding up the share price so the next CR could get enough cash to give it red hot crack, to really try and see if this thing worked. {That was pre some study..with what were to me mind blowing results, having seen as contrast a debilitating actual ulcer (looked like case study patient 1) that was only finally 'fixed' after years by being buried with its sufferer. (died of unrelated)}

So yeah I mentally wrote off my first buy in. It was a must do, moral, feel good, Buy in.

Several more investment decision based buyins later....

So far its telling Ok, and reinforcing what I think I know. Its not a 'stone moral ...' (nothing is) but its one of the better bets for me, I have seen come by. Investing in what you understand is meant to be clever, as I understand it somewhat functionally and from an end user perspective. (My money is on: Sliced bread on sale soon in EU; fingers X)
Frankly I am not sure I can say how much my family member wouldve paid for this (15yrs ago). I think he'd have strongly considered flying to the EU except the flight would've probably killed him, which he'd have possibly considered a win either way at the time.

Sorry about that; but I just felt I ought say it, even though its an investment forum as not all the money I put into Tissue shares was just a financial investment.

back to my just another investment hat.

As TBMK, they haven't said wed have to guess, but I guess its fairly obvious, that getting approved here would still cost money and time and then the market wouldn't be huge, and being approved here probably wouldn't ease the CE mark until it had significant duration, even then they'd still go through the paces.
So my best guess would be it would be strategic ROI (bang for buck) based decision.

CE mark will get lots of revenue for its cost.
US looks financially like a bad place to start.
EU has 35+ times the pop of AU, cant imagine it would be 35 times easier to get approval here.

This is from memory
Finally some of their ties to world leading experts who have used this on actual patients and seen results are in Europe. Such protagonists/champions, are never a bad thing.