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News: MEM Memphasys Remains On Track For First Commercial Sales Of Felix Device To Be In Q4

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    16/06/20
    11:40
    Post #: 45246843

    June 16 (Reuters) - Memphasys Ltd (MEM) :

    • REMAINS ON TRACK FOR FIRST COMMERCIAL SALES OF FELIX DEVICE TO BE IN Q4 2020, DESPITE DELAYS CAUSED BY COVID19
    • SEES OVERALL PRODUCT DEVELOPMENT PROGRAM WILL BE DELAYED BY ABOUT THREE MONTHS DUE TO IMPACT OF COVID19 ON SOME SUPPLIERS
    • DELAYS ARE NOT LIKELY TO IMPACT EXPECTED FIRST SALES OF FELIX DEVICE, WHICH REMAINS ON TRACK FOR Q4
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    lightbulb Created with Sketch.  Great analysis
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