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At SEB’s Nordic seminar, CEO Morten Henneveld acknowledged that the US market remained problematic, but the Spine(Catalyst) business was more resilient than the CMF market, and that OssDsign would need more cash in the future. He said that the company’s goal was to keep expanding business in the US while still limiting cash burn. On a positive note, momentum has been strong over the last two quarters and Catalyst sales are accelerating with increase in recurring customers.
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