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Neovasc Inc. T.NVC


Primary Symbol: NVCN

Neovasc Inc is a specialty medical device company. It develops, manufactures and markets products for the rapidly growing cardiovascular marketplace. Its products the Neovasc Reducer (Reducer), for the treatment of refractory angina, which is not currently commercially available in the United States and has been commercially available in Europe since 2015, and the Tiara, for the transcatheter treatment of mitral valve disease, which is under clinical investigation in the United States, Canada, Israel and Europe. The company earns revenue from one source, the Reducer.


NDAQ:NVCN - Post by User

Bullboard Posts
Post by agoldbloomon May 27, 2016 9:34am
174 Views
Post# 24909672

Bounce in the near term is likely....

Bounce in the near term is likely....Bounce coming shortly....

https://stockcharts.com/h-sc/ui?s=NVC.TO

Market reflects panic selling due to award.....price is assuming that company loses patents which isn't the case.  One of the articles I've read said worst case, NVC is looking at a 25% royalty.  Company has already said it is evaluating it's options....likely to fight the award further - this will likely be the trigger for the bounce.  GLTA
Bullboard Posts