News
Sep 7, 2021
EDAP's HIFU Progress Is Obscured By The Pandemic, But It's Real
Very positive article on EDAP’s future and its advances on #HIFU, written by Seeking Alpha.
Summary
- Favorable changes in market acceptance and reimbursement for the FocalOne have been obscured by pandemic headwinds.
- However, the company continues at breakeven because of strong growth in its distribution business, the result of a fantastic strategic deal with Exact Imaging.
- While pandemic headwinds could blow a little longer, sooner or later the lid will be blown off of FocalOne installation growth and as long as the distribution business.
- As long as the distribution business keeps on delivering, the wait isn't problematic and the shares are already attractive at $6 and change.