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Neovasc Inc. 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

Comment by Farminch2on Apr 05, 2018 9:44pm
152 Views
Post# 27840310

RE:Fairly Optomistic Here

RE:Fairly Optomistic HereIn fact there is now nearly 500mill shares on the market, about 80% of them are private shares (look at MKT cap vs MKT cap less private shares). These shares came in play with the latest PP, they had to raise funds to clear up the dept to CardiaQ and have some extra money to continue developping the products. So that makes 400mill new shares that came in the market lately, it explains the super high volume. Will they be able to survive long enough to get their product approval make it profitable?? I hope so, even though I have no shares right now.... maybe I should consider getting back in soon....
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