4th JULY, page-3

lets wait for numbers to tell story before trumpeting another wow wow $$$million in the first year.......we are still waiting to get update on VC numbers now nearly 6 months launched. To get $5m assuming a generous $3000 per product = 1666. pieces. I think that is stretching things a little stonemason.i am not even sure they have manufacturing capacity for that either.

just to cool the hot air:

Fact 1: congential use is high medical unmet need but very few procedures. i discussed with an expert in this field and he would say approx 10-12 cases they would use this at a typical large centre. He caledl it Norwood procedure. my take this as a very niche product with a high demand.

Fact 2: there is competition in this field to avoid misunderstanding with HC poster with a product that does a great job too. i posted linked previous . This could slow uptake as competition take an entrenched position and may leverage their wider portfolio's which Admedus do not have.