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Clinical Laserthermia Systems: Heating Up
EN
LS
Erik Nordström
Ludvig Svensson
2019-12-19
06:30
We are initiating coverage of Clinical Laserthermia Systems. With approvals already secured both in Europe and the US for its laser treatment of tumors, CLS offers significant long-term potential - particularly as recurring disposables will be its main source of sales. We view a 5% or higher market share in its cancer indications as achievable within 10 years, by when revenues should be up to SEK 1bn.