Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Covalon Technologies Ltd V.COV

Alternate Symbol(s):  CVALF

Covalon Technologies Ltd. is a Canada-based patient-driven medical device company that provides healthcare solutions for advanced wound care, infection control, and medical device coatings. The Company's solutions are designed for patients and made for care providers. The Company 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. The Company has three proprietary platform technologies that have the potential to be developed into a number of medical devices and products: Collagen matrix, Antimicrobial silicone adhesive and Medical coatings. Its product type includes advanced wound care, antimicrobial dressings, collagen dressings, IV dressings, and perioperative dressings. Its brands include ColActive PLUS, CovaClear, CovaView, CovaWound, IV Clear, SurgiClear, and VALGuard.


TSXV:COV - Post by User

Bullboard Posts
Post by zenvestingon Sep 01, 2015 4:16pm
124 Views
Post# 24069592

Molnlycke not meeting minimums

Molnlycke not meeting minimums"Molnlycke informed Covalon that Molnlycke does not anticipate being able to meet the annual minimum sales commitment under the license agreement by the anniversary of November 1, 2015. On August 17, 2015, Molnlycke informed Covalon that Molnlycke wishes to terminate the license and distribution agreements. Covalon and Molnlycke are in discussions about the terms and conditions of termination of the agreements." Some might think this is a negative, but in light of our recent sales gains from Covalon's expanded product line to their expanding distribution network.....I think Covalon's sales organization might beble to do better for IVClear and SurgiClear, not to mention the possibility of finding a stronger partner who might be interested in it.
Bullboard Posts