Belluscura PLC (GB:BELL) has released an update.
Belluscura PLC, a medical device developer, has reported a doubling in monthly sales of its X-PLOR portable oxygen concentrator in the US, reaching a high of $450,000 in May 2024, and strong sales in China. Concurrently, the company is preparing to release its DISCOV-R portable oxygen concentrator and is proposing to raise £2.4 million through a conditional placing of convertible loan notes. This fundraising is anticipated to support Belluscura’s growth and meet the robust demand for its innovative oxygen concentrators.
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