I remember seeing this company a while ago...the one thing that stopped me from investing is the sheer cost of its products, particularily the blood pressure tool.
Most hospitals have your routine, run of the mill cheap ~$100 BP machines. Contrast this to the UCM ones which cost >10x that amount. Arguably the UCM gives you much better information but this is only applicable/relevant in certain places (ie ICU). However it seems that a lot of the info you can get from the BP machine you can get by bedside echocardiogram which most ICU specialists are able to do. Plus given the lack of $ in most health budgets worldwide I don't unfortunantly see widespread adoption of the BP machine.
The other products UCM is marketing but for me the blood pressure machine is the deal maker...but given that I don't see the update will be big I'm not investing. Although they are growing their revenue quite nicely as this presentation shows so what do I know...
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- Ann: Investors presentation March 2016
Ann: Investors presentation March 2016, page-5
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