1. Most Discussed
  2. Gainers & Losers
NAN $3.51

News: Nanosonics expands sales in Nth America



  1. Nanosonics Limited (ASX:NAN) has expanded its influence in North America with a direct sales operation to push sales of trophon EPR.
     
    The infection control company says it already has a sales team of six in North American but this will be boosted by fifteen extra staff.
     
    GE Healthcare will continue as a key non-exclusive partner distributing trophone EPR.
     
    Revenues from direct sales are expected to grow steadily as the full sales team comes into effect.
     
    CEO Michael Kavanagh says the new sales model allows Nanosonics to leverage its expertise in infection control whilst GE Healthcare continues to leverage its leadership position and strength in the ultrasound market.
     
    Nanosonics reported a net loss of $2.6 million in the 2014 financial year.

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top

Thank you for visiting HotCopper

We have detected that you are running ad blocking software.


HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.