MVP 3.33% 46.5¢ medical developments international limited

Ann: Investor Presentation - $30m Capital Raise and FY22 Guidance, page-18

  1. 515 Posts.
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    As a health professional it takes me 2 secounds to draw up 5mg of morpine.
    Penthrox is expensive.
    intelligent investor have an idea it's safe easy etc but not cheap.
    Every first aid kit should have a penthrox.
    But then it would be abused.
    As a staple at a hospital i would spend the money on staff and just use stat doses of morphine.
    There is a serious limit to the applications and my thoughts are the margins need to be huge then we can make bank.
    I'm watching and waiting
    i would personally say the use in Aus is decreasing.
 
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