Sat, Dec 27, 2014, 12:58 AM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Novadaq Technologies Inc. Message Board

  • andersongordon Mar 16, 2013 5:14 PM Flag

    Termination of KCI LUNA agreement is a positive develpment for Novadaq

    NVDQ is now free to continue their development and ultimate launch of their wound care diagnostic device and market it independently. This means 2/3 instead of 1/3 of their market potential will be 100% owned. As they will break even soon, perhaps this coming quarter, and cash on hand is ~$40 million, they should be able to handle the rest of development and marketing from their current cash holdings and future earnings from ISRG and Lifecell with help from Pinpoint 1-2 years out when they will need to ramp up marketing, sales and support personel for the new LUNA market. All in all I see this as positive news.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I agree that is probably a long-term positive, but I'm not sure of your timeframe of "1-2 years out" to ramp up marketing for LUNA. In the press release they speak to how terminating the agreement with KCI will allow them to "accelerate the launch" and how the commercialization begins this month at the DFCon conference - based on those comments, I would expect they would have a full marketing launch in place by the end of the year?

16.75-0.15(-0.89%)Dec 26 4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Virgin America Inc.
NASDAQFri, Dec 26, 2014 4:00 PM EST
TASER International Inc.
NASDAQFri, Dec 26, 2014 4:00 PM EST
Rice Energy Inc.
NYSEFri, Dec 26, 2014 4:02 PM EST