OSP.ASX looks like sell off died already . #OSP #ASX
About the company Osprey Medical Inc. (OSP) is a medical device company with operations based in USA. The Company is focused on protecting patients from the harmful effects of X-ray dye (contrast) used during commonly performed angiographic imaging procedures.
Fair Value Estimate 0.052c if it holds this level
Trade active
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Minnesota, United States and Melbourne, Australia – 29 October 2020 - Osprey Medical Inc. (ASX:OSP) (Osprey or the Company) today released its Appendix 4C – Quarterly Cash Flow Report for the period ending 30 September 2020.
Key Highlights
• Strong month on month growth in unit sales over the quarter despite COVID interruptions, on track to return to preCOVID levels • Expanding sales under milestone distribution agreements signed with GE Healthcare to exclusively distribute Osprey product across the EMEA region and Regional Health Care Group to exclusively distribute across Australia & New Zealand • Received European CE Marking approval for the 2nd generation DyeVert Power XT system • Business remains well capitalised with a cash balance of US7.0m / A$9.8 m1 as of 30 September 2020, with a further A$1.7 m funds raised via options exercised in October 2020