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Neovasc, Inc. (NVCN)

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Trading for
$0.061 as of Thurs. March 29th, 2018, well under two recent Price Targets of $2.00 and $0.50.
Increased chatter amongst investors of a Partnership or Buyout, see below. 


Latest Analyst Ratings:

March 29th, 2018 3:07 AM EDT
Neovasc Inc. PT updated to $2.00 at Leerink Partners, states that 'Tiara Clinical Trials Continue to Progress' Maintains 'Outperform' Rating.
https://www.streetinsider.com/Analyst+PT+Change/Neovasc+%28NVCN%29+PT+Lowered+to+%242+at+Leerink+Partners%3B+Tiara+Clinical+Trials+Continue+to+Progress/13997143.html

March 29th, 2018 
Canaccord Genuity Updates Neovasc Inc (US) (NVCN) Price Target to $0.50 and has a "Buy" rating.
https://registrarjournal.com/2018/03/29/canaccord-genuity-lowers-neovasc-inc-us-nvcn-price-target-to-0-50.html


Latest Earnings Report - March 28th, 2018
https://seekingalpha.com/article/4159758-neovascs-nvcn-ceo-fred-colen-q4-2017-results-earnings-call-transcript
EPS of $-0.28 misses by $-0.02 
Revenue of $5.39M (- 43.3% Y/Y) beats by $1.29M

Trader's takeaway from the latest Earnings Report: (Updated on April 1st, 2018)
1. No R/S mentioned, 2. Tiara Prescreen implementation in Europe soon (as early as this week), 3. Updates on Tiara / Reducer enrollments shown to have been very successful and increasing in size, 4. Cash to last through Q3 2018, 5. Revenues were down/but so were expenses.

Also on the conference call, they reported that the $112 M lawsuit has been fully paid and settled. Neovasc said that “there are no other monetary damages arising from the award,” and announced that it will remain the joint inventor of its ‘964 patent related to its Tiara transcatheter mitral valve replacement device. Neovasc will share the patent along with 2 employees of CardiAQ Valve, with both parties “having freedom to use the patent without an obligation to pay royalties to the other", according to a press release. Source: NeoVasc shares surge 45% on affirmed Tiara patent case decision against Edwards.  https://www.massdevice.com/neovasc-shares-surge-45-affirmed-tiara-patent-case-decision-edwards/

Possible Partnership in the works?
This was taken from the latest Earnings Conference call on March 28th, 2018 (link to entire transcript provided above, courtesy of SeekingAlpha.com)
Newly acquired CEO/President Fred Colen hints at being open to a partnership.  Have a look at what he says:
Possible partnership?

Possible Buy Out in the works? 
Check out newly acquired CEO Fred Colen's bio below (spoiler alert: he worked with $BSX for 8 years as CTO) and see how this all ties together. 

Don't Be Surprised if Boston Scientific (BSX) Buys Neovasc (NVCN)- JMP  



MARCH 30, 2018 Article:
http://www.editiontruth.com/heart-valve-devices-market-projected-grow-us-16-2-bn-end-2025/



Neovasc has a unique opportunity to take a share of that US$16.2 Billion with this patent along with many other patents that they own.
Patent # 
8,579,964  (Link to USPTO - UNITED STATES PATENT AND TRADEMARK OFFICE)
SOURCE:  http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=8,579,964.PN.&OS=PN/8,579,964&RS=PN/8,579,964

VERY IN DEPTH DD HERE - ANOTHER MUST READ HERE 
Neovasc's Tiara and other TMVR devices
https://docs.google.com/document/d/1OvI4lcwVL_NbcH9SIveG-sWiSWfTfRUZxlxEcUV_5RA/edit
______________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________
{{{{{MAJOR UPDATE:ACQUISITION ALERT COLLABORATION WITH BOSTON SCIENTIFIC :Nasdaq"BSX" TAKING 15% OWNERSHIP STAKE IN: Nasdaq"NVCN" AND 
US$75 MILLION AGREEMENT 12/02/16}}}}
                                                        

Neovasc and Boston Scientific Reach US$75 Million Agreement 
12/2/2016 7:00:00 AM - PR Newswire 

 
Boston Scientific Announces Agreement to Acquire Neovasc Advanced Biological Tissue Capabilities 
12/2/2016 7:00:00 AM - PR Newswire 

NVCN + BSX = 15% stake = +350% for stock
                                                                                                       

 

Fred Colen - President and CEO
LOOK AT WHO WAS BROUGHT INTO AS CEO / PRESIDENT ON JANUARY 22nd 2018 AND THE CONNECTIONS WITH BOSTON SCIENTIFIC ($BSX)!!! 

Neovasc Inc. (Nasdaq: NVCN), a front-runner in minimally invasive transcatheter mitral valve technologies today announced that its board of directors (the "Board") has appointed Fred A. Colen as president and chief executive officer effective immediately. This leadership transition is a key element of the Company's strategy to support plans for the commercialization of its new-to-market Reducer™ ("Reducer") product in Europe and the advancement of its Tiara™ ("Tiara") mitral valve clinical program. Alexei Marko, Neovasc's outgoing CEO, will maintain his role as a Director on the Neovasc Board of Directors and continue to serve as an advisor to the Company.  

"After ten years building Neovasc, I am convinced that now is the time for new leadership to take the Company to the next level. I am especially pleased that an industry leader of Fred Colen's caliber has accepted this opportunity," said Alexei Marko, outgoing CEO of Neovasc. "I look forward to my continued involvement as a board member." 

Fred Colen has contributed to many significant turnarounds in his career, including the post-acquisition Guidant Company, which became the CRM division of Boston Scientific, a firm with which he held progressively senior executive roles over 11 years, including Chief Technology Officer from 2001-2008 and Member of the Executive Committee from 2001-2010. During his tenure at Boston Scientific, Mr. Colen is credited with numerous successes. As President of the company's Cardiac Rhythm Management (CRM) Group his team regained trust and confidence in the division's implantable pacemakers, leads, defibrillators and re-synchronization devices, increasing annual product revenue growth by over 10% in a flat US market and growing global divisional operating income from below 10% to 25% of sales, exceeding the planned annual free cash flow goals. As Chief Technology Officer, he led the development and global commercial launch for the Company's first- and second-generation implantable drug-eluting coronary stents (the Taxus Express and Taxus Liberte), leading to global market leadership with incremental revenues of US$2 billion annually. The Taxus Express market introduction is viewed as one of the most successful launches ever in the medical device industry. 


Also note:
$BSX Boston Scientific laid off 300 employees just recently on March 27th, 2018
, perhaps to make room for the takeover of $NVCN ?? Who knows?? They already own 15% of NVCN.
source: https://www.massdevice.com/boston-scientific-lays-off-nearly-300-from-valencia-neuromod-facilities/ 

          
                                                                                          


                                                                      About Neovasc                                                                        

                                                     Neovasc Inc. is a specialty medical device company that develops, manufactures,
                                                     and markets products for the rapidly growing cardiovascular marketplace.

                                                                        Our products include the Tiara™ technology in development for the transcatheter
                                                                        treatment of mitral valve disease, the Neovasc Reducer™ for the treatment of
                                                                        refractory angina.

                                                                         A Canadian Biotech company, headquartered in Vancouver, B.C. Canada, we are a
                                                                         publicly traded company, listed on NASDAQ: (NVCN) and the Toronto Stock
                                                                         Exchange TSX: (NVC) 


 

PRODUCTS

Tiara
Reducer

                                                    BUYOUT POTENTIAL                                        
              ------------------>>>>>>>>>>>>>Recent deals involving mitral valve companies<<<<<<<<<<<<<<--------------
"Great info and a MUST READ on the demand and for acquisitions for these type of companies here from last year this month now that remainder or any legal issues are getting ironed out through the final appeals days now , EVEN SHOWS THE $$ VALUES OF THE BOUGHT COMPANIES TOO:"
http://seekingalpha.com/article/3562756-boston-arrives-late-mitral-valve-party


""""UPDATE : NO INJUNCTION FOR TIARA DEVICE , CAN NOW MOVE FORWARD THUS MAKING IT MORE ATTRACTIVE FOR FUTURE BUYOUT"""""



Concensus Recommendation courtesy of NASDAQ.com 
Updated: April 1st, 2018:   STRONG BUY.
Source: https://www.nasdaq.com/symbol/nvcn/analyst-research


STRONG BUY                                  
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NVCN News: Amended Registration Statement for Securities of Certain Canadian Issuers Under the Securities Act of 1933 (f-10/a) 07/12/2018 05:17:01 PM
NVCN News: Report of Foreign Issuer (6-k) 07/09/2018 08:34:02 AM
NVCN News: Neovasc Receives Expected Delisting Determination from Nasdaq Staff and Will Request Nasdaq Hearing 07/09/2018 07:00:00 AM
NVCN News: Neovasc Receives Expected Delisting Determination from Nasdaq Staff and Will Request Nasdaq Hearing 07/09/2018 07:00:00 AM
NVCN News: Neovasc Receives Expected Delisting Determination from Nasdaq Staff and Will Request Nasdaq Hearing 07/09/2018 07:00:00 AM
PlusOneCoin Top Posts
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PostSubject
#4414  Sticky Note Cliff note DD packet for those new to maz1978 03/10/18 10:12:07 AM
#10313   Depends on how many shares are sold into jimtash 07/15/18 06:21:27 AM
#10312   FDA approval is how long away? That’s out! J_Dean 07/14/18 02:43:11 PM
#10311   Barely. Wantcash 07/13/18 08:39:42 PM
#10310   Anyone alive in here??? Lol J_Dean 07/13/18 05:01:35 PM
#10309   R/s imminent but end of de year,Now extension toro bravo 07/13/18 03:57:47 PM
#10308   I hope have right this stock is so salih93 07/13/18 02:11:29 PM
#10307   Strongest dilution before strong up.Pacience here,only pacience. toro bravo 07/13/18 02:09:54 PM
#10306   This stock have really the strongest dilution ever salih93 07/13/18 01:48:06 PM
#10305   X Sucks Wantcash 07/13/18 12:09:48 PM
#10304   F10/A Never_Post 07/12/18 05:55:47 PM
#10303   By AS, are you referring to the Authorized AVALANCHE06 07/12/18 11:36:11 AM
#10302   It seems the RS is because they want Ryoko 07/12/18 10:56:26 AM
#10301   technically NVCN has bottomed out and is at petergeorge 07/12/18 10:49:28 AM
#10300   Does the AS count change with this particular jimtash 07/12/18 10:05:00 AM
#10299   Maybe so.... really didn't mean to get long AVALANCHE06 07/12/18 09:53:24 AM
#10298   That was a long post for arguing semantics. Hazmat927d 07/12/18 09:14:26 AM
#10297   You have your RS split numbers backwards. An AVALANCHE06 07/12/18 08:57:52 AM
#10296   The reverse split authorization was a maximum of LutherTiggs 07/12/18 08:39:34 AM
#10295   I agree. A RS at these levels is jimtash 07/12/18 06:18:18 AM
#10294   no! I'm long at an average of petergeorge 07/11/18 04:11:47 PM
#10293   Look at this low volume. Wantcash 07/11/18 12:31:57 PM
#10291   Too soon. They've only just now started human Ryoko 07/10/18 10:53:58 PM
#10290   * * $NVCN Video Chart 07-10-18 * * ClayTrader 07/10/18 05:30:27 PM
#10289   This stock gets no traction whatsoever.?? Wantcash 07/10/18 11:27:08 AM
#10288   The products are excellent. Fred is a good toro bravo 07/10/18 11:13:02 AM
#10287   Load up before extension is granted! Cayman75 07/10/18 10:20:54 AM
#10286   I agree,only need pacience toro bravo 07/10/18 09:24:29 AM
#10285   It's a 4 cent stock...not sure what everyone the submariner 07/10/18 09:18:18 AM
#10284   I agrre with you. toro bravo 07/10/18 09:13:03 AM
#10283   The entry and exit prices are the ONLY Upset Wookie 07/10/18 09:00:01 AM
#10282   My average is really high hady 07/10/18 08:47:47 AM
#10281   Like I said, I was expecting a much jimtash 07/09/18 10:16:57 PM
#10280   I agree,for that reason HOLD STRONG and patience toro bravo 07/09/18 08:09:23 PM
#10279   It's in everyone's best interest to keep it jimtash 07/09/18 07:59:45 PM
#10278   That there is possibility to go down,i do toro bravo 07/09/18 07:56:55 PM
#10277   I get that but the company needs to jimtash 07/09/18 07:48:41 PM
#10276   Keep in mind that news about the extension toro bravo 07/09/18 07:44:41 PM
#10275   I will say that I'm surprised it didn't jimtash 07/09/18 07:29:17 PM
#10274   News will come out or the price going toro bravo 07/09/18 07:24:38 PM
#10273   The price is not important in this type toro bravo 07/09/18 07:22:02 PM
#10272   In the meantime price might continue to decline. jimtash 07/09/18 06:43:51 PM
#10271   100mm equity offer=15%-20% with partner/s and i do toro bravo 07/09/18 04:18:52 PM
#10270   You mean besides the additional 100mm equity offer Upset Wookie 07/09/18 04:04:27 PM
#10269   Because dilution is at the end toro bravo 07/09/18 03:50:31 PM
#10268   Why get in now though? Further dilution and Upset Wookie 07/09/18 03:44:54 PM
#10267   This is starting to get lame. Tired Wantcash 07/09/18 03:41:19 PM
#10266   NVCN is a stock for investing type value toro bravo 07/09/18 02:02:15 PM
#10265   Sold my shares today. If positive news doesn't Upset Wookie 07/09/18 01:42:39 PM
#10264   R/S after November toro bravo 07/09/18 01:33:04 PM
#10263   Hopefully they can get the price up soon jimtash 07/09/18 11:42:48 AM
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