TSXV:CVM.H - Post by User
Comment by
Looneytuneson May 20, 2019 10:32am
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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