Creo Medical Share Discussion Threads

[bloomberg2] 14/3/2024 10:57

Quality play

[hatfullofsky] 13/3/2024 16:11

Development bank of wales goes from 3.53% to 3.977%

Doesn't quite explain the recent volume but I've know idea why the haven't disclosed the previous position

[hatfullofsky] 12/3/2024 19:51

Thanks Innovate. We all know that's really disappointing.

[innnovate] 12/3/2024 18:10

Got a surprisingly quick response from NICE MedTech.
There is as yet ‘no start date’ for the Speedboat evaluation.
My interpretation is that this will not be done before the end of Q3 2024, and may well take longer.

[dr biotech] 12/3/2024 14:11

But it was at an investor conference though. I've never been to one - seemed like 100 PI's, not sure how many of them would be looking to invest or how much, a chance for PR though.

[hatfullofsky] 12/3/2024 14:01

I saw that one and indeed it's very informative but it did what it said on the Tin - Technology Update. It was not a trading or business update. Give Chris his technology stage.

[dr biotech] 12/3/2024 13:27

From about 16mins. The whole thing is quite interesting though - he really believes in the tech.

For your video I found the part from around 6mins to be most interesting, he talks about alternative sources of funding.

[innnovate] 12/3/2024 13:25

I filled out a form to register as a stakeholder in the NICE process. As such you receive updates on progress and have access to documents. Let’s see if they accept the application.

[hatfullofsky] 12/3/2024 13:05

This one Dr B ?

On 7min the interviewer asks for next 6 months milestones, Gulliford corrects him and says 6 - 12 months and then DOES NOT mention NICE.

[dr biotech] 12/3/2024 12:55

The CTO said "6 months" in a proactive presentation in Jan. I watched the whole of that one, he didn't seem particularly plugged in to the commercial side and it was a fairly casual comment. Very good from a tech point of view though, for those that want to try and understand what they have.

[hatfullofsky] 12/3/2024 12:45

I'm confident your estimations are wrong .....In a good way ?

[hatfullofsky] 12/3/2024 12:43

Yes I would have expected it to at least have moved to - in development.In this investormeet presentation from 12/09/23 https://www.investormeetcompany.com/meetings/investor-presentation-42113min 30s "NICE Guidance 6 - 12 months in the outside, particularly good for the business"So back in September Gulliford was expecting a March - September 24 timeline

[innnovate] 12/3/2024 12:20

The company will have little influence over NICE timings. All it can do is provide high quality information in a timely manner.
From the broader NICE database (ie including pharmaceuticals) it appears that some applications predating that of Speedboat for lower GI ESD, remain at the starting gate, while others have progressed, suggesting an overstretched NICE may be prioritizing based anticipated benefits to NHS. Within the MTEP category, all 6 technologies selected by NICE for evaluation remain at the ‘awaiting development’ stage. One MTEP application (07MAR2023) pre-dates speedboat (25MAY2023).
It could be a while yet before NICE guidance is generated for Speedboat.

[pacsltd] 12/3/2024 11:16

Is that 1,000,000 shares deal a buy or sell? Anyone know?

[master investor] 12/3/2024 10:26

I'm confident your estimations are wrong

[dr biotech] 12/3/2024 09:45

That is disappointing - assuming the website it accurate (and there is no obvious reason to doubt it). Please let us know what they say. I'd hope the delay is on the NICE side.

[pacsltd] 12/3/2024 08:32

"A Complete failure from the company" !!!
Have you any idea how incompetent the NHS/NICE people really are ?!
How many NICE applications have you managed to attain?

[hatfullofsky] 12/3/2024 08:29

I've had to re-asses my timeline on NICE



CREO is still at - Awaiting Development (since 25/05/23)

According to



I'm estimating we could be up to 30 weeks away which would be incredibly disappointing and a complete failure from the company.

In Development Wk 8
In Consultation Wk 24
Published Wk 38

I'll also contact the company

@Innovate - Can you validate this please

[innnovate] 09/3/2024 11:42

Yes big volumes with price holding up thus far.
From limited access to trade log I see a large 3.5m sell late Friday.
‘08Mar-24 16:54:49 37.00 3,550,000 Sell’

[hatfullofsky] 09/3/2024 01:01

Now what about this current volume ? NICE volume ? ;-)

[hatfullofsky] 09/3/2024 01:01

It was on a video shortly after the announcement, I'll dig it out

[innnovate] 07/3/2024 13:50

@hat: re NICE approached CREO
Do you have a reference for this?
My understanding is that NICE selected Creo tech for an in depth review, but Creo will have first submitted data package describing lower-GI ESD use case for initial high-level assessment at NICE (see release of 01.06.2023). Not every application received by NICE will be reviewed in depth. I’m optimistic NICE will conclude positively, but it might easily ask for more data if the review panel is not fully convinced.

[billthebank] 07/3/2024 11:55

Canaccird selling ? Reason for pruce still being supressed?