RE: So what news will we need to make this fly23 Nov 2023 06:31
Excellent post, IntraVnus ๐
For me, after reading the latest RNS, someone mentioned before here that a Take Over or joint venture deal is on the card next.
Edwards and Medtronic are likely to be watching RUA's progress with great interest. Both companies have a strong track record of innovation in the heart valve market, and they are not likely to cede their leadership position without a fight. However, RUA's disruptive technology could pose a serious threat to their dominance. If RUA is able to successfully commercialise its heart valve, it could capture a significant share of the market and force Edwards and Medtronic to adapt.
๐ฐ๐ฐ The heart valve market is worth an estimated $10 billion annually. ๐ฐ๐ฐ