I would suggest OVN are minimum 10 years off break even and that's given the device has a good take up that I doubt. SOM has the market wrapped up world wide and even smaller players like IHL disrupting the Australian market B2C and with agreements with the likes of Air Liquide giving them access to thousands of devises over 5 years.
While I like the concept of the new devise I will be hanging on the sidelines to see how quickly they can scale. They know how to burn cash too!
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- Ann: FDA Clearance for O2Vent Optima Oral Device
Ann: FDA Clearance for O2Vent Optima Oral Device, page-23
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