Why wooo ashtool?
RECENT HIGHLIGHTS
$3.7 million cash burn
- Record quarter for ADAPT sales which continue to accelerate.
- Net cash outflows reduced by 23% over the previous quarter (excluding the R&D rebate).
- Quarterly underlying sales1 are up 16% on the prior quarter.
- Two separate patent applications for TAVR technologies were filed in the
US.
- A new funding facility was arranged for up to $10.0M in secured debt from Partners for Growth (after quarter close).
- Entered into an exclusive supply agreement for TMVR with 4C Medical.
- CardioCel® 3D moved from a pre-market programme to an expanded
access programme.
- The new Royal Adelaide Hospital (nRAH) officially opened on
5 September 2017 – poised to positively impact infusion business sales.
Ann: Appendix 4C - quarterly, page-3
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