AVR 6.45% $12.22 anteris technologies ltd

Cardiocel Progress

  1. 400 Posts.
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    I was digging through the archives and found an AHZ report from May 2014 (18 months ago). They proudly announced 8 cardiocel centres in Europe, and plans to expand into the USA.

    May 2014 -- 8 centres
    Jan 2015 -- 43 centres
    Oct 2015 -- 110 centres

    The increase in cardiocel centres has been steady and relentless when you step back and review the past 18 months. I would cautiously guess we'll have 270 - 290 centres by June 2016. Every one of those centres contributes to a growing income stream for Admedus. I realise there's a lag ( several months? ) between the number of cardiocel centres and $$$ but it looks promising.
 
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