Insiders trading reports was interesting since 1.9 m + shares were bought at market when the director is already holding millions of shares (now 9.9 + m) raises some obvious questions.. CEO's 100k + share buy when he is also holding 7 m shares is not too shabby either..
But one other significant event was this news as well.. Keep in mind, other POCUS devices being sold are approved in Europe on an exceptional basis since there were no other (because they are not considered safe due to the construct) and this annual approval is under review for next year's cycle...
Where as Butterfly's IQ3 being digital has no safety issue.. Butterfly actually is on record to derail ie. cancel the approval for other devices because they can claim that there is now a safe alternative..
- Effective today, September 4, 2024, Butterfly iQ3 is available for purchase in Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, and the UK.
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