Q6. At what stage (may be in term of percentage) the development on the ventilator has achieved? How much MIDA Grant has been utilised as at to date? A6. The development of the ventilator is progressing well. As it is a Class C medical device, i.e. a semi-invasive medical device, it needs to go through numerous clinical trials/tests to ensure that it is safe for use. Therefore, the management would need to work on this with care and have collaborated with 2 prestigious universities in Malaysia to conduct the tests on the ventilator which would be branded as “Medkaire”. Once the clinical trials are completed in the next few months, the application to MDA for its final approval would be submitted. Applications in conjunction with clinical trials are planned for submission for FDA and CE approvals which are necessary for the export markets. The development of the ventilator has taken a long time as it must ensure that the device is safe for use as safety is of utmost importance. The ventilator business is for long term and does not depend on COVID- 19 only as the device can be used for other respiratory diseases or in aiding breathing difficulty. The Company is thankful for the MIDA Grant. It is progressing well and the management had submitted claims for work done based on milestones achieved.
When world wide finish sold and market with overloaded ventilator, then K1 will launch their prototaip ventilator to the world . Malaysia-style Cakap no1, buat xtahu , duit bazir banyak
Eric Fong 感恩,谢谢分享 K1 G Asia Pacific ada Cloud lesen.drp AMAZON di banti.u.sd 3juta bantu melatih tenaga mahis high skiled Cloud tecnictionsetiap tahun.selama tiga tahun.berturut.....beli kumpul sementara harga.murah
that would be everyone's guess. a reasonable start would be the nearest resistance at around 19sen, then have to re-assess. if the price goes below the 13sen support, it would be bearish :( btw, in the past, this counter has the tendency to flush before fly.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
spielmacher
527 posts
Posted by spielmacher > 2022-07-29 11:59 | Report Abuse
good QR expected