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QT Vascular Going BIG
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sheerluck
Supreme |
19-Sep-2015 14:46
Yells: "Work for your money first then let your money work for you" |
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QT VASCULAR SIGNS AMENDMENT TO DISTRIBUTION AGREEMENT WITH CORDIS SINGAPORE, 18 September 2015 &ndash QT Vascular Ltd., together with its subsidiaries (the &ldquo Company&rdquo or &ldquo QT Vascular&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ), a global company engaged in the design, assembly and distribution of advanced therapeutic solutions for the minimally invasive treatment of vascular disease, announced today that it has signed an amendment to its distribution agreement with Cordis Corporation (&ldquo Cordis&rdquo ). The revised distribution agreement with Cordis allows the Group to sell the Chocolate® PTA balloon catheter to a select group of 88 healthcare providers in the United States effective immediately. Prior to the amendment, Cordis was the sole distributor of the Group&rsquo s Chocolate® PTA balloon catheter in the United States. This change supports the Group&rsquo s goal of increasing the adoption and use of Chocolate® PTA in the United States. The Group expects the distribution relationship with Cordis to continue to be collaborative and productive. ******************************************************************************************************************************** So the previous agreement is exclusive to Cordis which restricted QTV sale potential US market.  Now this agreement should bring more benefits to QTV. This annoucement although short but straight to the point. Funny that when QTV annouced good stuff no one shout bothered but when QTV annouced less creditable stuff, people all rush in to promote. DYDD. |
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sheerluck
Supreme |
08-Sep-2015 11:34
Yells: "Work for your money first then let your money work for you" |
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Well can say QTV made a baby step into the DCB arena.  So not a bad thing.  But still waiting for the US FDA approval which will be another meaningful step forward.  If their touch also got approve for medical subsidies even better since this will mean more people can afford it = more demand = more revenue. I also just found out the Angioscore was acquired by Spectranetics last year for US$230mil.  So in comparison QTV now seems like a bargain with market cap of S$50mil which is 6 times less than acquisition price for Angioscore. However my take: at present still risky. For OSIM, while some found it wonderful, others wondered. Anyway, not a call to buy/sell.  Just my usual 2cts on this coy.  DYDD.
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sentosa0819
Senior |
08-Sep-2015 11:18
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It looks like a good baby to invest even someone said will drop to 0.05 haha....you never know suddenly come a news for acquisition. I still remember OSIM dropped till 5 cts but now the price er.....
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sheerluck
Supreme |
08-Sep-2015 11:13
Yells: "Work for your money first then let your money work for you" |
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Sale in EU is their lowest contributor comparing to US and Asia.  So while this CE mark approval is good but not strong.  It didn' t even break out of the 10.5cts it reaches a few days ago.  Well maybe it will come in the next few days.  Who knows. 
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nphp1117
Member |
08-Sep-2015 11:00
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Thanks a lot
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sentosa0819
Senior |
08-Sep-2015 10:51
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QT Vascular has received CE mark clearance in Europe for its Chocolate Touch peripheral drug-coated balloon catheter, the medical-device maker announced on Monday after the market closed. QT Vascular said it will begin commercial sales of the Chocolate Touch product in countries that accept the CE mark, which include markets within the European Economic Area.
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nphp1117
Member |
08-Sep-2015 10:26
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Can' t open link. Copy paste detail. What does it talk about?
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tomhanks
Master |
07-Sep-2015 19:50
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For those of you who are vested in this counter or hawking: General Announcement::QT Vascular Announces CE Mark Clearance Of Chocolate Touch By LRQA 0088 http://infopub.sgx.com/FileOpen/QT_Vascular_Announces_CE_Mark_Clearance_for_Its_drugcoated_peripheral_Approved.ashx?App=Announcement& FileID=368743 |
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sheerluck
Supreme |
07-Sep-2015 11:51
Yells: "Work for your money first then let your money work for you" |
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He used to work for Amaranth.  Is this the same Amaranth that went bust in 2006?
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vivivava
Veteran |
07-Sep-2015 11:07
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not sure if anyone noticed this. &ldquo Pre-IPO Investors&rdquo : Collectively, Phillip Ventures Enterprise Fund 3 Ltd, Juniper Capital Ventures (Pte) Ltd, Hoe Leong Co. (Pte) Ltd., Steven Lim Tiong Kheng, Jeremy Lee Sheng Poh, Tan Chin Hwee, Tommie Goh Thiam Poh, Roger Yeo Kok Tong, Neoh Chin Chee, Valentin Schillo, Lim Chye Huat @ Bobby Lim Chye Huat, Nai Boon Hiong, Ramesh Chandiramani, Soo Kok Leng, Lim Kam Lo, Robert M. Bersin, Robert Earl Beasley, Steve Edward Crowell and UVM 2 Venture Investments LP   Recent 13m bond issue    Proportions The Bonds Issue is made to the Investors in the following proportions: Investor Amount of Bonds The Ephraim Heller Separate Property Trust : First Tranche: US$125,000 Second Tranche: US$125,000 Third Tranche: US$50,000 Toe Teow Heng : First Tranche: US$1,500,000 Second Tranche: US$1,500,000 Third Tranche: US$600,000 Kuah Ann Thia : First Tranche: US$1,500,000 Second Tranche: US$1,500,000 Third Tranche: US$600,000 Tanhum Feld : First Tranche: US$1,000,000 Second Tranche: US$1,000,000 Third Tranche: US$400,000 Malcolm Koo Chin Wei : First Tranche: US$150,000 Second Tranche: US$150,000 Third Tranche: US$60,000 Ho Kin Yan : First Tranche: US$250,000 Second Tranche: US$250,000 Third Tranche: US$100,000 Gary McCord : First Tranche: US$175,000 Second Tranche: US$175,000 Third Tranche: US$70,000 Tan Chin Hwee : First Tranche: US$350,000 Second Tranche: US$350,000 Third Tranche: US$140,000 Kenneth B. Landis : First Tranche: US$175,000 Second Tranche: US$175,000 Third Tranche: US$70,000 Peter J. Younger : First Tranche: US$250,000 Second Tranche: US$250,000 Third Tranche: US$100,000  The rest of the underlined investors are also repeat investors http://www.ntu.edu.sg/AboutNTU/organisation/Pages/Mr-Tan-Chin-Hwee.aspx So relax guy |
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moron101
Supreme |
04-Sep-2015 20:14
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Going below .05 soon? Can never recover all the losses in these few years. . A Gone Gone case liao.. | ||||
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lglg666
Supreme |
19-Aug-2015 18:07
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Beside the legal issue they may have to do a share consolidation too which is not good for the investors.
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den_eve88
Member |
19-Aug-2015 08:58
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whats MOS ? |
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sheerluck
Supreme |
14-Aug-2015 15:27
Yells: "Work for your money first then let your money work for you" |
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Half-filled: someone tried to collect low.  Tech rebound will be strong. Half-emptied: some bad news comng and someone knows beforehand. Which one I don' t know. Barring Sept patent lawsuit, based on latest 1H results at 8.8cts, MOS appeared again. DYDD. |
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sentosa0819
Senior |
14-Aug-2015 15:06
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now left 8 cents  |
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sentosa0819
Senior |
14-Aug-2015 14:48
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with the support of theSingapore Economic Development Board (EDB)???   don' t see any support |
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sentosa0819
Senior |
13-Aug-2015 11:14
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where the news came from? |
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edwinjup
Supreme |
12-Aug-2015 18:10
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No....still a loss making company...
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vinfooyc
Member |
12-Aug-2015 17:54
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12 Aug 2015 17:08 QT Vascular: General Announcement :: QT VASCULAR' S REVENUE GROWS 9% TO US$6.6M IN 1H2015 WILL THE STOCK PRICE GOES UP TMR ?? |
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sheerluck
Supreme |
12-Aug-2015 09:22
Yells: "Work for your money first then let your money work for you" |
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What Reuters reported is not untrue but there is a different that needs to be accounted for.  In FY14 Q2, QTV started sale using the new sale model with Cordis.  This push up unit sale (doubled) at the expense of sale price per unit (ie selling cheaper).  Since then unit sale is flat at about 8k+ unit per quarter.  There is practically no growth since QTV started with the new sale model.  If Q2 y-on-y is flat (ie that Q1 y-on-y strong growth is not there), they shouldn' t be surprised if they understand the underlyting cause. So the sale through Cordis isn' t that nuch of a big deal even though Cordis does sell more but they are selling it cheap.  That' s why J& J is leaving the PDA and CDA market.  They said it is cut throat.  QTV also said in their IPO prospectus that they are margin pressure from competitors. If this Q2 QTV sale growth is strong, good.    Otherwise holland.
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