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Covalon Technologies Ltd V.COV

Alternate Symbol(s):  CVALF

Healthcare Medical Instruments & Supplies
Covalon Technologies Ltd. is a Canada-based patient-driven medical device company that provides healthcare solutions for advanced wound care, infection control, and medical device coatings. The Company's solutions are designed for patients and made for care providers. The Company leverages its patented medical technology platforms and expertise in two ways: by developing products that are sold under Covalon's name, and by developing and commercializing medical products for other medical companies under development and license contracts. The Company has three proprietary platform technologies that have the potential to be developed into a number of medical devices and products: Collagen matrix, Antimicrobial silicone adhesive and Medical coatings. Its product type includes advanced wound care, antimicrobial dressings, collagen dressings, IV dressings, and perioperative dressings. Its brands include ColActive PLUS, CovaClear, CovaView, CovaWound, IV Clear, SurgiClear, and VALGuard.


TSXV:COV - Post by User

Covalon Technologies Ltd
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  • profitprophet1X
Post by profitprophet1on Apr 03, 2025 9:13am
47 Views
Post# 36521955

Tariff exemptions for Covalon products

Tariff exemptions for Covalon products Under provisions outlined in the United States-Mexico-Canada Agreement (USMCA), certain products that meet the agreement’s rules of origin requirements are not subject to the recent tariffs. Covalon’s products, produced in Canada and compliant with USMCA guidelines, therefore qualify for full exemption from US tariffs.
 
 
"Covalon relies on a mix of manufacturing in Canada and the United States for the vast majority of its life-saving, highly innovative medical products. We’re pleased to confirm that our Canadian-manufactured products are not subject to U.S. tariffs under the current trade policy," said Brent Ashton, Chief Executive Officer of Covalon. "This allows us to maintain competitive pricing and uninterrupted access for our highly differentiated products to customers in the United States."

This is great to hear. Glta
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