TSX:OPS - Post Discussion
Post by
Possibleidiot01 on Jun 05, 2023 8:30pm
Baron Health Care Q1 2023
May 4, 2023
Within health care equipment, lower exposure to this better performing sub-industry coupled with share price weakness from fiber optic sensors manufacturer
Opsens Inc. (OTCQX:OPSSF) and sleep apnea treatment leader
Inspire Medical Systems, Inc. (INSP) hampered performance. We are unclear why Opsens underperformed in the first quarter. Although the company raised equity in December, which caused dilution, the company reported solid financial results in January, and is progressing well with the launch of Savvywire, the company's newly approved guidewire for use in transcatheter aortic valve replacement procedures. The product is the only guidewire capable of delivering a transcatheter valve while enabling continuous pressure measurement and left ventricular pacing. We think Savvywire can drive significant growth and margin expansion for the company over the next few years.
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