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Article: Neovasc Inc. Reports Third Quarter 2009 Financial Results.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Neovasc Inc. (TSXV: NVC), announced financial results for the three and nine months ended September 30, 2009.
"During the third quarter, our successes in achieving substantial growth in our biological tissue business coupled with our ongoing initiatives aimed at streamlining operations, tightly managing expenses and concentrating resources on our most promising product lines are continuing to produce positive results and to put Neovasc on track for solid growth into 2010," said Alexei Marko, chief executive officer of Neovasc.
Mr. Marko continued, "The robust growth in our tissue business partly reflects our growing success in supplying industry partners ...