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Opsens Inc T.OPS

OpSens Inc. is a medical device cardiology-focused company. The Company offers an advanced optical-based pressure guidewire that aims at improving the clinical outcome of patients with coronary artery disease. The Company’s segments include Medical and Industrial. The Medical segment focuses on physiological measurements, such as Fractional Flow Reserve (FFR) and Diastolic Pressure Ratio (dPR) in the coronary artery disease market and also supplies a range of miniature optical sensors to measure pressure and temperature to be used in a range of applications that can be integrated into other medical devices. The Industrial segment develops, manufactures and installs fiber optic sensing solutions for critical and demanding industrial applications. Its flagship product, the OptoWire, is a second-generation fiber optic pressure guidewire designed to provide the lowest drift in the industry and lesions access. It is approved for sale in the United States, European Union, Japan and Canada.


TSX:OPS - Post by User

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Post by bossuon Jul 14, 2022 8:56am
189 Views
Post# 34823505

Heading in the right direction...

Heading in the right direction...-Top line revenues up and tecord quartely revenues 
-Quartely burning rate low and $ 1,9 M includig higher cost for selling and marketing plus research and development 
Cash and equivalent on hand $ 28 M
-Impact from Abiomed up and signed supply agreement up to 2028
-New agreement with Premier 
-FDA approval most probably at the end of the yearly financial report in November

In summary a very promising ''outlook'' and most probably taken over in less than 2 years.



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