what`s it worth

Whats it worth to protect a $320m market, whats it worth to gain access if you wouldn`t mind some of the action.

From the investment update

"NovoSorb™ biodegradable foam offers the significant advantage of biocompatibility over current dressing technologies, including the “Gold Standard” current market leading product Granufoam™ which must
be totally removed from the wound after use;
• Established and growing market of over US$400 million
pa with Granufoam™ currently enjoying >80% share
of the world market;"

I`m sure the current Vac assist trial is being watched by the main players and with completion before year end discussions may already be in progress.

I`m really surprised that CZD isn`t attracting more interest in light of the recent announcements, maybe a $320m market isn`t sexy enough, it could easily add 50c to our sp in view of the CZD business model that involves royalty and product supply. Also good to protect IP.

I see the AGM is to be held in Adelaide this year, nice to see a rotation of venue. Also good because Dr Greenwood should be there, along with a few of the Doctors that are now on board. Not forgetting JV who will be in the front row so he doesn`t miss anything.

Interest should start to build soon with the AGM only a few weeks away.