Chris Clark, the CFO of Neovasc Inc. and a director of Neovasc Tiara Inc., submitted a declaration in a patent infringement case between Cardiaq Valve Technologies and Neovasc. In the declaration, Clark stated that Neovasc entered an agreement to sell its tissue processing technology and facility to Boston Scientific for $75 million, and that Neovasc has budgeted financially to last through 18 months of anticipated further legal proceedings. Contingent on closing the Boston Scientific deal, Neovasc offered $40.6 million as a partial bond pending appeal in the case.