Singapore Stock Market News
QT Vascular - TCT conference takeaways
StockFanatic
Publish date: Fri, 19 Sep 2014, 11:22 PM
StockFanatic
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Our faith in QTV's game-changing proposition in vascular diseases treatment is solidified in the aftermath of the TCT conference - the world-renowned interventional cardiovascular medicine conference that was held in Washington D.C.
We keep our estimates and target price (based on a blended valuation approach). Despite the recent share price drop on moratorium lock-up expiry, we keep our Add call with the roll-out of coronary Chocolate products in the US and EU in late-3Q14 and regulatory approval in Japan for Chocolate products early next year being the catalysts.
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