Key takeaway from the video for me was the following statement by Yacov:
YG "We have partnered with a fund, a Chinese fund, which is basically government money"
Ask yourself, do you think a Chinese fund is going to invest in something that will fail? I might be drawing a long bow here but I wouldn't be surprised if there is some kind of mandate to use GMed's products in Chinese hospitals.
They are embedding themselves into China. This is key. This is how companies succeed in China.
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