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PainChek Ltd Advances US Market Entry and Expands Global Reach

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PainChek Ltd Advances US Market Entry and Expands Global Reach

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PainChek Ltd ( (AU:PCK) ) has shared an update.

PainChek Ltd reports positive progress in obtaining US FDA De Novo clearance for its entry into the US market, which could position it as the only regulatory-cleared product in the US long-term care market. The company has launched its Infant App on the Apple Store in Australia and continues to expand its global presence with over 100,000 contracted licenses and a high customer retention rate, indicating strong market adoption and potential for future growth.

More about PainChek Ltd

PainChek Ltd is a company that develops smart device-based pain assessment and monitoring applications. It primarily focuses on the healthcare industry, providing solutions for pain assessment in aged care, home care, and hospital segments. The company has a strong presence in Australia, the UK, New Zealand, and Canada, with a growing interest in the US market.

YTD Price Performance: 13.33%

Average Trading Volume: 1,109,716

Technical Sentiment Signal: Buy

Current Market Cap: A$62.63M

See more data about PCK stock on TipRanks’ Stock Analysis page.

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