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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

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Post by Stonehouse97on Aug 05, 2018 9:41am
161 Views
Post# 28416071

'Right to Try'

'Right to Try'There is some buzz about 'right to try' where terminally ill patients can use experiemental therapies, hence Tiara in pre FDA approval phase can get popped into needing chests. Deal with Penn gives NVCN leverage/greater exposure in the US.
https://en.wikipedia.org/wiki/Right-to-try_law

They've also avoided the potential of being dragged back into court which costs 100s of thousands if not millions in legal fees alone. 


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