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#Broker report
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Added 2 years ago

Target price $66 currently $24

Evolution capital report

#Media coverage
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Last edited 3 years ago

I’m not sure if the link will work but great to see a bit of promo on channel 9 Perth

Just noticed the link by @Ski123 as well : )

https://twitter.com/rocket2010/status/1522212686741704711?s=21

#Media coverage
stale
Added 3 years ago

CEO Wayne Paterson gives more details on the Market Herald re the binding agreement with Perceptive Life Sciences Master Fund, managed by Perceptive Advisors, to raise US$20 million (A$27.5 million).

Under the placement, Anteris will issue 1.84 million new shares to the institutional investor at A$15 per share, which represents a 20 per cent discount to AVR’s closing price on February 28

Founded in 1999, Perceptive Advisors is a New York-based investment management firm

focused on supporting the life sciences industry by identifying opportunities and directing financial resources toward what it deems as promising technologies in modern healthcare.

Upon the completion of this transaction, Perceptive Advisors will be Anteris’ largest shareholder, with an approximate 14 per cent ownership. 

Anteris CEO Wayne Paterson said the company “appreciates the confidence Perceptive has in our ground-breaking technology” and was pleased to welcome it as a shareholder.

“We are thrilled to have Perceptive join our shareholder base as the fund’s physician led approach to investing and track record of supporting portfolio companies over the long-term helps ensure we can deliver on the goal of bringing our exceptional TAVR product to market.”

Anteris will use the money from the placement to develop its 3D single-piece aortic valve replacement, DurAVR, for the treatment of aortic stenosis. The company is working on a clinical study designed to test the safety and feasibility of DurAVR‘s THV system on patients with severe aortic stenosis.

https://themarketherald.com.au/anteris-technologies-asxavr-gets-us20m-boost-for-duravr-development-2022-03-02/

#Media coverage
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Added 3 years ago

Nomination as best cardiovascular innovation CRT2022

Presentation today

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#ASX Announcements
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Added 3 years ago

Proposed Merger details and explanation

Anteris Technologies tapped for merger with 'blank check' NASDAQ-lister


https://www.proactiveinvestors.com.au/companies/news/973548/anteris-technologies-tapped-for-merger-with-blank-check-nasdaq-lister-973548.html

WP mentions the internal company valuation is $900m. Around 5x current MC

I’m glad WP had the chat. Certainly made things a bit clearer.

#Presentation
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Last edited 3 years ago

Wayne Paterson

Managing Director/CEO

"We've Got a $5B Product"


Well covered by@PabloEskyBruh

Proactive at 4.00min

Andrew Scott "What do these results mean for the shareholders"

WP "We've Got a $5B Product"


Current MC $180m

https://www.youtube.com/watch?v=HLMR4L9GOnU


#ASX Announcements
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Added 3 years ago

SUCCESSFUL INTERIM RESULTS FOR THE FIRST-IN-HUMAN TRIAL FOR DurAVRTM

At the 30-day follow up point, the first five patients of the planned 10-patient study showed:

• All five subjects continued to do well with no reported adverse events (no death, stroke, myocardial infarction, reintervention).

• An average 86% improvement in mean gradient (standard measure of stenosis severity) from pre-treatment levels.

• Mean gradients were up to 50% lower than other TAVR devices when matched to annular size.1 All patients are in the normal or near normal range when compared to the general population with normal valve function.

• Average Effective Orifice Area (EOA) was up to 45% larger than those reported with other TAVR devices in matched annular sizes.2

• No conduction (heart rhythm) disturbances due to the procedure.

• No clinically significant paravalvular regurgitation despite very complex and heavily

calcified anatomy.

• Echocardiographic and CT analysis reported normal leaflet mobility, no leaflet

calcification or thrombus generation.

• Echocardiographic and CT imaging data showed consistent laminar flow throughout

the valve and long coaptation length in all five patients. Ostensibly, these features

indicate lower leaflet strain leading to long term durability.

• The system also allowed for excellent commissural alignment; a significant patient benefit if future coronary intervention were required.

• A 20% increase from baseline in 6 min walk test (a measure of patient exercise tolerance). This is a 170% greater improvement than observed in studies of other TAVR valves.3 This indicates a marked improvement in patients’ functional status and exercise tolerance. The improvement in exercise capacity may be associated with the increased EOA (larger valve opening area due to its unique design) allowing optimal haemodynamics (blood flow) at rest and during exercise.4 Exercise performance is a critical marker of cardiac health.

Dr. Paul Sorajja, an interventional cardiologist at Abbott Northwestern Hospital and one of the implanting physicians in this trial commented, “Due to its unique leaflet design, DurAVRTM continues to provide superior haemodynamics with a balloon expandable platform”.

Dr. Vinnie Bapat, a cardiothoracic surgeon at the Minneapolis Heart Institute and another member of the team of implanting physicians in the trial stated, “DurAVRTM has been rationally engineered to provide ease of implantation of the valve for the doctor, immediate haemodynamic benefit for the patient post-implantation, and the potential to provide a long-term durable effect

We are happy to see the patients on this trial doing so well with such impressive haemodynamic improvement, and are looking forward to enrolling the rest of the trial imminently”.

“DurAVRTM continues to exceed very high expectations in a complex group of bicuspid and tricuspid patients. The haemodynamic performance as well as valve function is remarkable. Additionally, the lack of any conduction change (arrhythmia) across five patients is a testament to the engineering team’s ingenuity and focus on improving all aspects of TAVR for patients. All signs continue to point to success in our mission of making available a TAVR that works better from the get-go and lasts longer,” Anteris Chief Medical Officer, TAVR interventionalist Dr Chris Meduri (the study leader), commented.

“The excellent results observed so far are a function of the proprietary 3D single-piece leaflet design of DurAVRTM that mimics a native aortic valve. These numbers are even more remarkable considering this cohort had small annular anatomy. Furthermore, patients’ functional status improved as did their exercise performance indicating early improvements in quality-of-life due to receiving DurAVRTM. As the mean age of patients in this study is 73 this improvement in exercise performance is incredibly important and supports the use of DurAVRTM in this more active patient group who require a valve that lasts longer and works better than current solutions. The current data represents a small number of patients and should be viewed as such. However, we look forward to continuing the study with the next cohort as well as recruiting patients for our FDA IDE study and reporting more results during 2022,” Anteris CEO Wayne Paterson said.

  https://anteristech.com/news/FIH_outstanding_results