Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
NuGen Medical Devices Inc ( (TSE:NGMD) ) has shared an announcement.
NuGen Medical Devices Inc. has announced the expansion of its InsuJet™ distribution across Canada, following Health Canada approval and its introduction at World Diabetes Day in 2024. The device, which offers needle-free insulin administration, is now available through major Canadian pharmacy retailers and distributors. Partnerships with Sol-Millennium, MyRxCare, and Greenshield Canada aim to enhance accessibility and education for Canadians with diabetes. Sol-Millennium is also collaborating with I Challenge Diabetes to promote the technology and engage with healthcare professionals and families, with the goal of integrating InsuJet™ into the Canadian Diabetes Guidelines.
More about NuGen Medical Devices Inc
NuGen Medical Devices Inc. is a leading developer of needle-free devices for subcutaneous therapeutic administration. The company markets the InsuJet™ needle-free injection system, designed to improve the lives of diabetics, and has approval for sale in 42 countries globally.
YTD Price Performance: 28.57%
Average Trading Volume: 181,476
Technical Sentiment Signal: Hold
Current Market Cap: C$17.78M
For a thorough assessment of NGMD stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money