Oventus Medical Ltd (ASX:OVN) 2018 AGM Presentation


(MENAFN- ABN Newswire) Oventus: Innovators in Sleep Apnoea Treatment
2018 AGM Presentation Brisbane, Nov 16, 2018 AEST (ABN Newswire) - Oventus Medical Ltd ( 75% of OSA sufferers

- Oct 18: O2Vent Optima(TM) registered with Australian TGA

- Oct 18: Released 4 clinical trial results bringing total data collected to 170 patients

Key strategic initiatives of FY2019

- As product development and clinical trials are finalised, Oventus is transitioning from an R&D focused company to a "go to market" / sales oriented company - with a restructured team

- Key parts of manufacturing process being outsourced to enable Oventus to be a "virtual company", while retaining management of data and software design (core to value proposition)

- Sales / marketing of 'Sleep Treatment Platform' shifted to focus on sleep channel

- Building out US team and rolling out US go to market strategy

- Further communicate outstanding clinical evidence which clearly differentiates Oventus as a new treatment modality

- Commercialising and launching products in late stage development, extending the reach of the Oventus treatment platform and reducing COGS

- Reducing fixed costs in business by 15-20% moving forward - significant steps already undertaken in FY2018

To view the full presentation, please visit:
http://abnnewswire.net/lnk/54HKABA9


About Oventus Medical Ltd

For more information on Oventus' Sleep Treatment Platform, please visit http://www.oventus.com


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