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Memphasys Ltd ( (AU:MEM) ) just unveiled an announcement.
Memphasys Limited announced successful results from a pivotal clinical trial for its Felix™ System, confirming its superior performance in sperm selection for ART. The trial demonstrated the system’s efficiency, safety, and preference among laboratory staff over traditional methods, paving the way for regulatory submissions and commercial expansion in multiple global markets. With existing distribution agreements and strategic partnerships, Memphasys is well-positioned to accelerate sales and further commercialize the Felix™ System, reinforcing its status as a leading innovator in sperm separation technology.
More about Memphasys Ltd
Memphasys Limited operates in the reproductive biotechnology industry, focusing on developing advanced sperm separation technologies for Assisted Reproductive Technology (ART). Their primary product, the Felix™ System, is an electrophoresis-based device designed to efficiently isolate high-quality sperm, offering a superior alternative to traditional methods like Density Gradient Centrifugation and Swim-Up techniques. The company is targeting global markets, including Europe, Australia, India, Japan, Canada, and others, with strategic partnerships and distribution agreements in place.
Average Trading Volume: 10,181,599
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$12.4M
See more data about MEM stock on TipRanks’ Stock Analysis page.