CMS Proposes Major Increase in Reimbursement for Canaloplasty, page-471

Thanks for sharing, to be fair though as a revenue generating business it's pretty easy to come up with a valuation. Just take the revenue ($28m run rate probably the best figure to use) and apply a typical multiple for a high growth rate company and you'll get between 50c - $1 as a conservative estimate (similar to what he came up with). Would be keen to know the exact methodology he used though as there are certainly a few methods that can be used here to find the fair value, and for a company like this you really want to use a method that focuses more on predicting future revenues and cashflows, than one that simply looks at the current revenue