Opsens Inc T.OPS

Globe & Mail

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08:04 AM EDT, 04/05/2023 (MT Newswires) -- Opsens Inc. (OPS.TO), a cardiology-focused medical device company, said Wednesday that its SavvyWire solution has been successfully used by physicians in 1,000 procedures.

Opsens said SavvyWire is a sensor-guided solution for transcatheter aortic valve replacement procedures to treat aortic valve stenosis.

"The successful use of the SavvyWire in 1,000 patients marks an important milestone towards full-scale commercialization of our innovative device," President and CEO Louis Laflamme said.

"The early commercialization phase is progressing steadily and the impressive number of procedures completed demonstrates the acceptance and relevance of the SavvyWire within the structural heart market."

[GoldenArm]

News is good. How many proceedure in a year to turn a profit is the big thing. Are they a cash sucking machine or can they get to profitability before crashing from the weight of it all. Been in this so long I'm getting a bit anxious for results in terms of economics.

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Today was a very good example of why you don't trust SP moves, particularly early in the day. Lots of sandbagging done to make the SP appear weak and/or a lack of interest from investors. It's the last half hour of the day that will tell you exactly how the market reacts to the news. And obviously, they like it. GLTA