Lifeline Scientific INC (AIM: LSIC) – US company overlooked by the market?
Lifeline Scientific is a Chicago-based global medical technology enterprise and leading supplier of advanced systems to improve the quality and availability of vital organs, tissues and cells for transplantation and research.
The Group operate via two business units, Organ Recovery Systems and Cell and Tissue Systems. Organ Recovery Systems is the Group’s main subsidiary, based in Chicago, with European operations headquartered in Brussels, and South American operations headquartered in Sao Paulo. The Company’s focus is in the development of innovative products that improve transplant outcomes and lower the overall costs of transplantation. Its lead product, LifePort Kidney Transporter, is the global market-leading medical device designed to help improve kidney preservation, evaluation and transport prior to transplantation. In 2014, transplant programme customers worldwide increased by 21% to 193 (2013: 160), and customers…