E CVR Medical: A New Approach To Cardiovascular Care

Split Revenue Upon Clearance

CVR Medical is in a joint venture with CVR Global. This is an important thing to note. The joint venture was put together as each separate entity brings its own expertise to the table. The goal of this JV is to be able to collaborate and bring the CSS to market. The way the JV works is that the profit will be split up. At least 50% of the profit goes to CVR Medical, while the other 50% goes to CVR Global Incorporated. Since CVR Global is privately held and has most of the same officers, investors should take note.

Conclusion

CVR Medical has a good device in place to bring value for its shareholders. The amount of advantages that CSS brings, and the way it can broaden the availability of earlier carotid scans, make it a good choice for all medical offices. The company has no current plans at the moment to partner with a larger company.  Right now it is highly focused on getting its CSS to market to start generating revenue. The CSS can eventually be for additional cardiovascular screenings. It even has potential to be used in industrial and military applications. If it can receive FDA 510(k) clearance and reach the market, then the company should be able to raise its market cap, which currently stands at $16.36 million, accordingly.

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Disclosure: This article is part of a new “UnderCovered” series of exclusive articles featuring companies with limited coverage. Authors are compensated by TalkMarkets for their time, and ...

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Comments

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Kurt Benson 1 year ago Member's comment

Good stuff Terry Chrisomalis. When will we see more by you?

Farah Kincaid 1 year ago Member's comment

What kind of time frame are we looking at here?

Berk Emre Gedikoglu 2 years ago Contributor's comment

I've got to say, #CVR definitely seems like it has a lot of potential. I don't know too much about the industry, however. This article has definitely inspired me to do my homework. $CRRVF

Susan Miller 2 years ago Member's comment

I've added $CRRVF to my list of stocks to follow here. Would love an update.

Katy Lin 2 years ago Member's comment

This sounds like it could really extend people's lives!

Craig Newman 2 years ago Member's comment

This sounds very promising. I admit I was not previously familiar with this company. I'll be doing some more research on them.

David J. Williamson 2 years ago Member's comment

Looks good, thanks.

Doug Morris 2 years ago Member's comment

Very impressed with these innovations and medical advancements. Bullish on $CRRVF.

Wendell Brown 2 years ago Member's comment

I like the idea that this could become the indispensable EKG of stroke prevention. In our litigious society once there is something a doctor COULD do, they can be sued if they don't....

Bill Johnson 2 years ago Member's comment

Impressed with what I see here about $CRRVF. Thanks.

John Fitch 2 years ago Member's comment

Impressive indeed. But I want to know more about what advancements the competition may have up their sleeves as well. Intrigued but cautious on $CRRVF.