Ann: Appendix 4C - quarterly, page-109

Hi ice I doubt any amount of money can accelerate AVR the only thing that can is the Breakthrough Devise status . If AVR can receive this ( quite frankly they have more than enough advantages over current TAVR) there is plenty of cash available to see this into early trials . Where AVR goes from that point is anyone’s guess . I think WP will just have to play it by ear as if all goes extremely well in early trials more than one offers to aquire AVR will be made . Depending on those offers WP will need to decide wether to drive it further into development / approval and evaluate where the funds will come from to do this . Just bear in mind the Breaktrough Devise status almost certainly will give AVR a much swifter approval time if all performs well in trials . The end game if AVR was to drive this to approval would result in 10s of billions if the company was to be aquired GLTATH