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|"VIVE recently crossed what we characterize as a major milestone with the entry of the Viveve System into the U.S. market and the recent announcement last week that they have begun deployment of their initial domestic sales force."|
|"I would keep my eyes peeled on RP and Shiseido in the coming months for indications as to when the male pattern baldness therapy will become available in Japan."|
|"RXII is substantially undervalued; its total value should be $75-100M."|
|"Our valuation of RGS increases with the AGC cash and larger addressable market in Japan partly offset by longer timelines and revised assumptions for CryoShot and Kvax."|