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clock Created with Sketch. 02/03/21
10:30
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Originally posted by malkay:
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Great to see that they are actively managing cash burn closely as mentioned in the above statements. After listening to a speech by Mike McCormick recently, I was extremely impressed to hear that they are so confident in the high cost saving benefit to hospitals with DyeVert that they guarantee savings or they will refund the difference themselves. As a hospital, I can't imagine why you wouldn't use this product. The growth of the sales force is of great benefit to this company. At this stage, it's about getting the product out there, showing hospitals that a superior option exists. With the cost savings both financially and of human lives, DyeVert will easily become the new standard for use with contrast media.
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To add to the above, so far they have not had to pay out any hospitals.
