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Conavi Medical Corp V.TMD


Primary Symbol: T.TMD

Conavi Medical Corp., formerly Titan Medical Inc., is a Canada-based company. The Company is focused on designing, manufacturing, and marketing imaging technologies to guide common minimally invasive cardiovascular procedures. The Novasight Hybrid System is intended for intravascular imaging of coronary arteries and is indicated in patients who are candidates for transluminal interventional procedures. Its Novasight Hybrid System combines both intravascular ultrasound (IVUS) and optical coherence tomography (OCT) to enable simultaneous and co-registered imaging of coronary arteries. Hybrid IVUS and OCT imaging provides additional information over single modality imaging in complex lesions. The versatility of hybrid imaging is useful for a variety of complex percutaneous coronary intervention (PCIs), including situations where the customer may want to image large ostial lesions with IVUS but also use OCT for diseased distal lesions and/or stent assessment.


TSX:TMD - Post by User

Bullboard Posts
Comment by dmacdon Mar 05, 2019 7:42pm
117 Views
Post# 29446845

RE:RE:Looking for a double.

RE:RE:Looking for a double.Titan needs $50M to submission maybe $15M less if smooth sails, then $50M to progress thru approval and continue mods anf enhancements, then $50M for initial sales drive and maybe $50M more to profits assuming good uptake. Now at that point the market cap will take off if all goes well. Significant dilution to go but might be near the bottom unless a set back occurs. Hard to understand the valuations for Auris vs Enterix .. subjective. No one knows how atitan fits in here yet. Still watching...
Bullboard Posts