Wednesday, April 21, 2021 10:52:19 AM
Ironically in the end the HemoDefend (HD)product line which has been proven under Darpa and Army contracts would serve a HUGE global market seeking a safer and larger universal blood supply. Maybe easier to get through the FDA.
Maybe not a revenue producing product until 2023? At $100 million in revenues the first full year with 70-80% gross margins in the new automated NJ manufacturing facility HD could be the sleeper in CTSO product portfolio.
Made at a future overseas contract facility would be very strong after tax cash generator. HD division would certainly be attractive to Hemonetics as a distribution partner and/or acquisition.
https://haemonetics.gcs-web.com/static-files/b56e06b2-ffa4-4a52-ab7b-9d94322139e8
Recent CTSO News
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- Form 8-K - Current report • Edgar (US Regulatory) • 01/17/2024 10:20:45 PM
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