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Broncus Holding Corp. ( (HK:2216) ) has issued an announcement.
Broncus Holding Corporation announced its annual results for 2024, reporting a 21% decrease in revenue and a 46% reduction in losses compared to the previous year. Despite financial challenges, the company made significant strides in clinical progress, with key developments in their flagship products demonstrating promising clinical results. These advancements are expected to enhance Broncus’s market position and provide strong evidence supporting the efficacy and safety of its innovative respiratory treatments.
More about Broncus Holding Corp.
Broncus Holding Corporation operates in the medical industry, focusing on innovative diagnostic and therapeutic solutions for respiratory diseases. The company is known for its flagship products, including the Transbronchial Radiofrequency Ablation System and InterVapor, which target lung tumors and emphysema, respectively.
YTD Price Performance: 50.85%
Average Trading Volume: 1,961,965
Technical Sentiment Signal: Sell
Current Market Cap: HK$468M
For detailed information about 2216 stock, go to TipRanks’ Stock Analysis page.