I'm really starting to get quite excited about this stock now! I've said it before, and I'll say it again - this is a damn fine product, and totally deserves success! Looks like NICE agrees!
A group of Canadian doctors are so keen on Aorfix they committed £1m of their own cash to the Lombard fund-raising. Non-executive director Craig Rennie, an extremely astute entrepreneur, put £1m of his own savings into the company and most of the rest of the money came from blue-chip investment institutions Invesco and Fidelity.
These shareholders have not committed capital to Lombard out of charity. The market for the treatment of AAA is worth £800m globally and is expected to be worth £1.2 billion by 2013. Aorfix is one of the most cleverly-designed treatments in the market and, once it is approved in the US, sales should rocket.
Link: http://www.thisismoney.co.uk/news/columnists/article.html?in_article_id=471679&in_page_id=19