Discussion page for Arch Therapeutics (ARTH)This page is for discussion of Arch Therapeutics (ARTH).
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I hope I can post an off topic Biotec I found this a few months ago and now it is beginning to get interesting. IIRC Biotec devices have shorter trial sizes. They spent 6 years with one of our National Labs developing an iron particle small enough to be coated with a biotec medium that attaches to a cancerous growth. $ASX:IBX – Imagion Biosystems Receives FDA Breakthrough Device Designation “Imagion Biosystems Limited (ASX: IBX) (the Company), a company dedicated to improving healthcare through the earlier detection of cancer, today announced that it has received notification from the Center for Devices… Read more »
Per ARTH 10Q on timing of CE mark: “Given the recent changes in the governing rules and the impact of Brexit, the review process has taken longer than anticipated. We now currently expect that the review process to be completed this fall.”
$ARTH – Arch Therapeutics Announces AC5 Self-Assembling Peptide Technology Platform Demonstrates Antimicrobial Activity in Two Studies and Provides CE Marking Status Update for AC5™ Topical Hemostat
https://ir.archtherapeutics.com/press-releases/detail/527
AC5 keeps getting better “Studies highlight antimicrobial activity for AC5 technology platform; AC5™ Topical Hemostat1 under Review by Notified Body”. CE approval this Fall maybe not much longer.
ARTH long
$ARTH Long A nice press release – so a question for you all about their statement – “As a result, we currently expect the review process to be completed this fall, and we anticipate our next update to coincide with a definitive and material announcement.” So, what does TN mean by “our next update? ” Is that the monthly update they seem to make about the company or the next time they talk about the CE application? I really like this part “to coincide with a definitive and material announcement”. That seems to be really a positive statement that portends… Read more »
I’m not aware of any scheduled updates I’ve signed up for their newsletters, as I do with most all companies I’ve invested in, there are no scheduled updates that I’m aware of. I would think that they are working on one because this is the first I’ve heard of the antimicrobial and that needs to be elaborated on. I won’t guess as to which comes first CE approval or more antimicrobial data. Right now I’m just hoping it’s before November there are others more informed than I.
The definitive material announcement is going to be more dilution and more delays.
So are you going to sell the stock?
I don’t know, but I think anyone who’s been invested in this stock for years like I have should be concerned. How are you feeling about their financial position and their ability to raise money now in comparison to the post below from you a year ago, do you think this is still on track?: I worry a lot more about biotech companies that can’t raise money than those that can. This $4.5 million will carry ARTH into the December 2019 quarter, so we will get the results of the sensitization study, the 510(k) filing, the CE Mark filing, the… Read more »
Pretty much the same. The (unnecessary) sensitization study was good, the 510(k) was filed on time, the CE Mark was filed on time, the 510(k) was approved, the CE Mark approval is next, and the IND will be filed before he needs to raise money again.
Given the CE Mark delay, I don’t know if there’s time to sign a European distribution deal before he needs to raise money. He may squeeze by with warrant exercise proceeds if the CE Mark pops the stock enough.
In the meantime these Yahoo!’s collect $500,000 salaries. Send out a sentence or two every few months and ask for more money every few years.sheesh people. ???
Quite a good summary of Arch Therapeutics in Seeking Alpha
https://seekingalpha.com/article/4285493-examining-next-arch-therapeutics
yours, Finn
Anybody watch the Arch presentation yesterday. I missed it. Norci say anything new. Need something to get this stock to move. Thanks
Anyone hear ANYTHING at all? All I’ve heard is the sound of the SP dropping every time I check in online. 0.2675 today. I think that may be at or near the lowest it’s been since I’ve owned it (Summer 2015). Cleveland, any news?
Listen to the Wainwright presentation.
When was that, JohnM? Is it something new?
Monday, September 9. The presentation and webcast audio are at https://ir.archtherapeutics.com/presentations
Have you located the unicorn yet?
$ARTH-l-ow-my current average price is $0.29. Last week, the stock appeared to open at $.20/share on high volume. Yesterday it appeared to open at $0.15/share. My offer on both days prior to open was $0.23 but, I did not fill at the lower levels which implies that these were private pre-planned transactions at $0.20 and again at $0.15. Does anyone have an idea what actually happened and whether it is bullish? bearish? neutral? for the stock going forward?
How are fills at $0.20 possibly bullish?
Capitulation?
https://ir.archtherapeutics.com/press-releases/detail/529/arch-therapeutics-provides-corporate-update-at-the-2nd
$ARTH – Arch Therapeutics Provides Corporate Update at the 2nd Annual LD Micro Big Apple Conference in Manhattan, NY
“On the regulatory front, as stated in the press release issued on October 2, 2019, Arch awaits acknowledgement that the notified body has completed its review process, and the next update is expected to coincide with a definitive and material announcement. No additional data has been requested by the Company’s notified body”
https://ir.archtherapeutics.com/press-releases/detail/529
ARTYH long
$ARTH Can someone help me out here? I am having trouble parsing the above statement, which is similar to one that was made about a month ago. What is throwing me are the words “next update” and “coincide”? First, “next update” – is that Arch’s next update to us or the notifying body’s update to Arch? Second, “coincide” – does this mean that Arch will have a definitive and material announcement or is it the notifying body’s update that will have a definitive and material announcement? This “coincide” part has me both worried and excited at the same time. The… Read more »
I received two news releases yesterday the first one;
https://ir.archtherapeutics.com/press-releases/detail/529
the second one;
https://ir.archtherapeutics.com/press-releases/detail/530
I read both but did not see that there was a significant difference so did not post the second think there was only an error correction. I did not print one out and compare it to the other to pinpoint the difference. It appears there has not been any change in the CE approval we are still waiting.
Why hasn’t Cleveland been back to pump this stinker?