Infection prevention medical device company Nanosonics has pushed back the launch date of its much-anticipated second product to 2022, as the business continues to grapple with the consequences of COVID-19.On Tuesday the business revealed that fourth-quarter sales of its microwave-sized device called Trophon, which sterilises ultrasound probes without chemicals, had plummeted, as its sales representatives struggled to get access to hospitals in the US amid the pandemic.Nanosonics CEO Michael Kavanagh had been anticipating a fourth-quarter hit from COVID-19.Nanosonics chief executive Michael Kavanagh said the uncertain business environment, combined with new technology enhancements it was hoping to build into its second product (about which very little has been revealed), meant delaying the launch from mid-2021 to 2022 was the right course of action. Risk Analysis. But this had remained more resilient compared with the devices and already started to rebound strongly.The 1 per cent revenue growth Nanosonics did experience in the fourth quarter was thanks to consumable sales, with revenue from this segment up 29 per centOn Tuesday, Nanosonics closed down 9.6 per cent at $6.21, losing its 5.86 per cent gain on Monday and then some.Despite the sharp drop in Trophon unit sales, Mr Kavanagh said, the company was still managing to make some sales and grow its base of installed devices.The company has lent between 80 and 100 Trophons to hospitals for the use in treating COVID-19 patients and he was optimistic these could turn into rental arrangements or purchases in the long run. Cons. More Details. We are an innovator in infection prevention. Our daily reporting, in your inbox.Follow the topics, people and companies that matter to you.When I get into an electric car these days, I expect a big, plastic appliance – like the rest of them. Nanosonics Limited, together with its subsidiaries, engages in the research, development, and commercialization of infection control and decontamination products and related technologies. Andernfalls klicken Sie im Browser Ihres Computers auf “Einstellungen ändern”, um Ihre Cookie- Contact; Country; Careers; trophon EPR training; Investor Centre; COVID-19. Network Nanosonics Podcasts; News & Events. The company recorded a strong net cash position of $91.8 million with negligible debt. Jun 11, 2020. "Look at this as a positive – you don't want to be launching a new product in this environment at this stage [anyway]. Can't really list. But this is not like the rest of them.AMP chairman Debra Hazelton has appointed investment banks Credit Suisse and Goldman Sachs and law firm King & Wood Mallesons to conduct a portfolio reviewThe Australian sharemarket is poised to rebound from its heavy loss yesterday; AMP says it will evaluate the merits of separation following strong interest in its assets and businesses; Q2 GDP data ahead, expected to confirm recession.William McMahon's daughter, Melinda McMahon, has sparked 'an overwhelming response from buyers' with her Bellevue Hill home's price guide of above $5.5 million.The infant formula group's CEO says another capital raising is on the horizon, with a milk powder plant in Geelong only 70 per cent finished.The star power of ambassadors Chris Hemsworth and Nicole Kidman was unable to stem a 36 per cent slump in Swisse sales in the June half in Australia.The Clinuvel board reckons CEO Philippe Wolgen is "of a different calibre". Read about ultrasound infection prevention in COVID-19 patient care trophon2. Earnings are forecast to grow 30.65% per year . I liked working there.

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