AVR 1.91% $18.00 anteris technologies ltd

Ann: CardioCel and VascuCel rights sold to LeMaitre Vascular, page-104

  1. 1,485 Posts.
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    What happens after 3 years. Sounds like we stop manufacturing, which I guess means zero revenue?

    Sounds like we sold the entire thing but get to manufacture for 3 years. Gives some good upside if sales take off, but I would have liked an ongoing royalty payment.

    Guess it is much better than going broke!! Hopefully we can ditch our expensive sales team as well. The $22m could last ages
 
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