you are viewing a single comment's thread.
Wow, EDAP sold three HIFU units! Last count I think CMED sold 150 and has marked several hundred hospitals for further sales.CMED holds over 20 patents on this technology and has contracted with GE to introduce this system into the US markets GE maintains 20% owership of the companyBesides its ridiculously low outstanding shares(6 million ADRS) and even lower flaot (1-2 million) CMED is experiencing 90% revenue growth YOY with very high margins.
let me edit the last postCMED has targeted over 6,000 hosiptals for further sales and thats just in china, wait till CMED announces a FDA application submission.
Where do you guys find this information?What is the PE? I cannot find any information on this company.