SOLITON INC (SOLY:NASDAQ) - Could be a runner!

5 giu 2019

SOLY is an interesting company with an established tattoo removal treatment, but has recently come out suggesting they might also be able to treat cellulite which has all the pundits excited. One to watch.

About Soliton, Inc.

Soliton, Inc. is a medical device company with a novel and proprietary platform technology licensed from MD Anderson. The Company's first FDA cleared commercial product uses rapid pulses of acoustic shockwaves as an accessory to lasers for the removal of unwanted tattoos. The Company is based in Houston, Texas, and is actively engaged in bringing its Rapid Acoustic Pulse ("RAP") device to the market. The Company believes this "Soliton" method has the potential to lower tattoo removal costs for patients, while increasing profitability to practitioners, compared to current laser removal methods. Soliton is also investigating additional indications for its RAP technology based on early clinical testing indicating the potential for RAP to reduce the appearance of cellulite and the potential to assist existing fat reduction technologies in the reduction of subcutaneous fat, as well as preclinical testing suggesting the potential for additional indications related to abberant fibrotic activity. Although our device is now cleared for sale in the United States for the tattoo removal indication, it remains investigational and not yet cleared for these additional indications.

28 giu 2019

Nota

Opened the wrong way so didn't trade it, but I do like the idea of the business and the space they are in.