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#Industry/competitors
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Added 3 years ago

Thanks for the write up @Noob53. 

I think its worth noting one particular player in this space which is Sanara Medtech Inc. (SMTI). They have a similar suite of products (some in market, some launching imminently), including those treating biofilm and reducing SSI's. But what sets them apart are 2 things in my mind:

1. They're disrupting entire model of care of wound infection in the USA, which is ripe for the picking. That is, they're providing care from start to finish in the patient journey in persond and via telehealth, as opposed to the currently disjointed model.

2. They are the biggest movers in this space, and already approval for sale into 900 hospitals in the USA. They've been hiring sales staff recently to capitalise on this as travel becomes easier. 

 

Take a look at the recent company presentation at the MicroCap Leadership Summit here: https://youtu.be/sI0rNB-UsPc. It explains the company it great detail and far better than I can. Also of note the I think executive chairman who speaks in this presentation (also largest shareholder) is a beauty and they do not have the legal issues (that I'm aware of) that Next Science do. Expecting a big 24 months from them.