Lightning Strikes-! Blue Velvet Investment! NO is primarily delivered to patients through the use of high-pressure cylinders, but XAIR wants to change that with its LungFit system. When lightning strikes, the high heat causes a reaction between nitrogen and oxygen that causes them to turn into NO. Beyond Air’s LungFit device can utilize the same chemical reaction in order to generate NO from ambient air. Source: XAIR corporate presentation Without a cart, LungFit weighs just 38 lbs, making it substantially lighter than all cylinder-based systems. Features include an intuitive user interface, alarms for detection of any adverse effects, and a backup system in case of emergencies. The device has so far been tested in over 140 different patients to administer 2.5k treatments and has seen 0 serious adverse events. Source: XAIR corporate presentation The only thing that LungFit really needs to generate NO is XAIR's lightweight filter that helps to keep out NO2, a toxic byproduct of NO generation. These filters can last for 12 hours of continuous use and are required for the device to generate NO, making an interesting recurring revenue stream for XAIR.....
In Nov 2020, XAIR announced that it has submitted a PMA for LungFit PH to the FDA, starting the regulatory approval process. The FDA guidelines allow for a 180-day review period for a PMA, meaning approval should be decided by May 2021.... and then came Covid! In preparation for commercialization, which is estimated to happen sometime in June,<---- I would say a decision is close...
Beyond Air, Inc. (XAIR)---Pending.... awaiting Van's ok to buy when it's up so much.... $6.05+0.95 (+18.63%)
this stk has been a dog since we sold it! Corning display glass pricing hike a 'positive surprise,' says JPMorgan
Warby Parker announces confidential submission for proposed public listing 14:07 Warby Parker announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed public listing of its Class A common stock. "The public listing is expected to take place after the SEC completes its review process, subject to market and other conditions," the eyeglass maker said.
Got an out of the blue email from someone I know who has a house in Nevis... the one across the road is for sale. This may be a sign. Oh boy. I asked how much? waiting.... My wife is going to freak! Because everything we have seen for sale has been absolute crap houses that are expensive... I'm hoping this is a low key those in the know situation... Funny story all day today I never got a return email about GPN purchase so just out being careful I sent in another email at ten of.. Poor guy working out of home complete septic blow up--- (been there!!!!) Except he had to call plumbers Me and Van took care of mine (and Kurt) Ooooph they cost alot these days- Plumbers-- and to top it off internet outage! For a guy that moves stock... Not a good day.