This stock is definitely flying under the Radar .....FDA approval is coming very soon !
LOW FLOAT 7,5 M = Once wall street discovers this stock, it will explode !
IVAX Diagnostics (AMEX: IVD)
Market Cap: 15 M$
Price: 0,53 $
Shares Outstanding: 27.65M -- (20,1 M Shares held by Insiders)
Float: 7.50M
Dr. Struby continued, “Our efforts with respect to our 510(k) premarket
submission filing with the U.S. Food and Drug Administration for the
Mago® 4S, our next-generation fully automated ELISA system for
autoimmune and infectious disease testing, are progressing, and we
continue to expect to receive regulatory approval from the FDA and
launch the product during the fourth quarter of 2010. Following the
receipt of all required regulatory approvals and the subsequent
commercial launch of the product, we expect the Mago® 4S will provide a
flexible, efficient and cost-effective solution to high-performance
laboratories, and will be our primary platform for marketing our kits in
the U.S.”