PNV 5.11% $2.47 polynovo limited

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    IP is constantly updated and new protections filed part of doing business in Pharma and Devices . That said in categories like burns very high margins don’t last forever and a smart part of what PolyNovo is doing now is going into higher volume lower margin markets for the basic categories as it transitions in burns to maturity— but still several years off I would estimate. They are managing the product life cycle I would say very pro actively.
    Getting into the new indications and new product forms is already underway so I remain very confident in our future.
 
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