Good find Redant:
Ligand (market cap $2.6bill) paid $17.5mill for Cormatrix.
which has the longest track record in Cardiac ECM and thousands of implants although not the best in the market Cryolife paid 2.3Mi for Gensee Photofix last month
Where does this leave Admedus valuation of Regen business?
My money is on them funding a big pharma player for vax area and another(or same player) for CardioCel to bail them out of the situation they are in now. Stability is what they urgently need and seriously have to move away from that direction that the Rodne era lead them in.
Reasons to keep holding Admedus shares, page-32
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