Examining What Is Next For Arch Therapeutics [Seeking Alpha]
Arch Therapeutics, Inc. (ARTH)
NASDAQ:AMEX Investor Relations:
ir.archtherapeutics.com
Company Research
Source: Seeking Alpha
Examining What Is Next For Arch Therapeutics Summary Arch now has their first FDA approval. The company expects the review process for the CE Mark to be completed this fall. The stock is about the same price as it was four years ago. On June 26, 2015, I published an article on SeekingAlpha introducing Arch Therapeutics: “ The Cheapest Medical Device Stock I've Ever Seen Arch had a strong patent position and a very important advantage: Their product, AC5, is regulated as a device, not a drug. That offered a faster, lower-cost path to approval. So what's happened since mid-2015? Lots. For less than $37 million, Arch was able to take AC5 from an idea to FDA approval on December 17, 2018. But the company had to pivot to approval for external use in wound care for problems like pressure ulcers (bedsores), diabetic foot ulcers, and burns. Around the end of this year, they will file an IND (Investigational New Device) application with the FDA for approval of a clinical trial for internal use
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