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CVR Medical Corp V.CVM.H

Alternate Symbol(s):  CRRVF

CVR Medical Corp. is a medical technology organization. The Company is focused on the development and advancement of technology at work within the healthcare sector. The Company’s Carotid Stenotic Scan (CSS) is a diagnostic tool designed to detect and determine a level of carotid narrowing for the purpose of identifying patients at risk for Ischemic Stroke. The CSS provides a synergistic tool, which complements other stroke screening technology such as Duplex Doppler ultrasound (DUS), magnetic resonance angiography (MRA) and computed tomography angiography (CTA). The CSS is non-invasive and does not require the use of harmful dyes. It offers its product to patients, payers, and healthcare providers.


TSXV:CVM.H - Post by User

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Comment by Looneytuneson May 20, 2019 10:32am
94 Views
Post# 29760630

RE:RE:RE:RE:May 2019 Presentation

RE:RE:RE:RE:May 2019 PresentationPage 36 of the presentation Typically for a medical device company, the biggest risk is in the manufacturing process, which can be very capital expenseoriented. Since Canon is taking over the supply chain, with a dedicated space, this represents a significant part of the value of what Canon is investing into CVR Medicalequivalent to upwards of $20 million of paid in capital. Since Canon will be manufacturing the device, they oversee creation of all the molds and extrusions, as well as all of the components that go into this device. As well, Canon is buying all the supplies and components from the suppliers that manufacture those components. CVR Medical believes that it could gain a significant lead out of the box given the relationship with Canon
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