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Covalon Technologies Ltd V.COV

Alternate Symbol(s):  CVALF

Healthcare Biotechnology
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

Covalon Technologies Ltd > Interesting
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Comment by ARIMA11on Aug 16, 2023 9:34am
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Post# 35590672

RE:Interesting

RE:Interesting
ARIMA11 wrote: Good Quarter but the cash balance continues to go down (9.1M) compared to (22.1M) after the sale of Acquagard in FY2021. If they continue to use 2-3M a quarter they will need to raise funds in the coming year. And they seem apprehensive about a buyback... Hence the question.

One one hand Covalon is confident but its somehow apprehensive about a buyback... 




On one hand Covalon is confident but its somehow apprehensive about a buyback... 
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