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Acotec Scientific Gains Approval for New Cardiovascular Device

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Acotec Scientific Gains Approval for New Cardiovascular Device

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The latest update is out from Acotec Scientific Holdings Limited ( (HK:6669) ).

Acotec Scientific Holdings Limited announced that it has received approval from the PRC National Medical Products Administration for its Coronary Over-the-Wire Balloon Dilatation Catheter Jingyi. This product is designed to improve myocardial perfusion by addressing complex coronary artery lesions, and the company plans to market it in the PRC. The approval marks a significant step in Acotec’s product development, potentially enhancing its market position in the cardiovascular medical device sector.

The most recent analyst rating on (HK:6669) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on Acotec Scientific Holdings Limited stock, see the HK:6669 Stock Forecast page.

More about Acotec Scientific Holdings Limited

Acotec Scientific Holdings Limited is a company incorporated in the Cayman Islands, focusing on the medical device industry. The company specializes in developing innovative medical products, particularly in the field of cardiovascular devices.

Average Trading Volume: 710,298

Technical Sentiment Signal: Buy

Current Market Cap: HK$4.36B

For detailed information about 6669 stock, go to TipRanks’ Stock Analysis page.

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