IPD have had a good run in the last few days and have a MC...

IPD have had a good run in the last few days and have a MC around $121m (according to HC), seems on the back of reimbursement code in the US for their product. The market is around $350m. CZD have said the market for the NovoPore dressing (with FDA approval) is around $400m, the BTM from memory around $200m (successful clinical trial done) and the burns treatment in trial, so far seems to be going well with the ultimate goal.(from CZD announcement 15th October 2012) quoting Dr Greenwood.

"We are very close to a real paradigm change in burn management".

So who is selling the CZD story when we are capped at around $42m with approvals that allow sales immediately if only the negotiations would end and the commerce begin. I don`t think we even have a broker following this story, certainly none that is prepared to initiate coverage. (amazing!!!)