Financial PerformanceAORT's third quarter showed a continuation of its double-digit top line and 2x adjusted EBITDA growth profile, with total sales exceeding Street expectations.
Market PotentialThe AMDS product's premarket approval is expected to expand its label to cover the remaining 60% of Type 1 dissections, representing a $150M annual US market opportunity.
Product LaunchThe FDA Humanitarian Device Exemption for the AMDS Hybrid Prosthesis product allows AORT to start U.S. commercialization, representing a major positive for the company.