Probably sounding like a broken record here........ for what its worth......
Dec 2016.....should see 400 centres and if using 24 patches per year, extrapolated CC revenue for the 2016 2017 fin year should be $15 million +
The aortic valve study has nearly 20% of participants recruited with between 2 and 5 centres recruiting. So my guess is nearly 20% is 12 valve repairs using CC in 10 weeks at between 2 and 5 centres which averages out at a valve repair every 2 to 5 weeks at each centre. Being a trial, there would be more potential candidates but unable to be included.
Dec 16 should see the vascular patch trial and aortic valve trial fully recruited with intirum results to follow in 6 months. July 2017 as all these results are potentially being released, centre number could be 600+. Positive trial results could see a sharp increase in interest.
Stay calm.
AHZ Price at posting:
51.0¢ Sentiment: Buy Disclosure: Held
