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Covalon Technologies Ltd V.COV

Alternate Symbol(s):  CVALF

Covalon Technologies Ltd. is a patient-driven medical device company. Through a portfolio of patented technologies and solutions for advanced wound care, infection prevention, and medical device coatings, the Company offers gentler and more compassionate options for patients to heal with less infections, less pain, and better outcomes. Its solutions are designed for patients and made for care providers. It leverages its patented medical technology platforms and expertise in two ways: by developing products that are sold under Covalon’s name and by developing and commercializing medical products for other medical companies under development and license contracts. It provides a range of specialized medical devices, medical dressings and advanced medical technology designed for infection prevention, complex wound closure and perioperative care. Its perioperative care solutions provide antimicrobial protection of pre-operative skin, through postoperative incision care to scar prophylaxis.


TSXV:COV - Post by User

Bullboard Posts
Comment by TheRock07on Aug 20, 2016 7:08pm
167 Views
Post# 25161548

RE:RE:Q3 Results

RE:RE:Q3 ResultsGreat quarter which presages increasingly stronger quarters ahead.
The Medline deal kicks in this quarter and the $11 million + SA deal kicks in beginning in Q4.

Plus the 9 countries already signed in Latin America and 8 more to be signed within months.
And new products being added to the pipeline.

And of course the new China office will soon announce their first deals .

The current run rate of $10.5 million /year should easily move to the $40 million range by this time  next year, with large markets like the EU awaiting penetration.

Its not too difficult to see how management have scoped out a market cap of $1 billion within 4 years.
Bullboard Posts