People who thinks we get partner for TAVR soon are just dreaming.
Look at the cost involved with the TAVR development. Half yearly shows 3.6 mil spend on it and it’s for 6 month upto June end when they haven’t even started sheep trial. They needs to spend several more than 3.6 mil to get to another phase let alone the commercialisation phase.
StarBright got 20% for 7 mil+.
Why he and any other get ready to spends tens of million dollars just to get a TAVR cut rather than having whole company with that sum.
Ann: Appendix 3B - Star Bright Placement Issue, page-11
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