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The latest announcement is out from Renerve Limited ( (AU:RNV) ).
ReNerve Limited has achieved its first commercial sale of the EmpliQ™ amniotic tissue products, which were recently showcased at the ASSH annual meeting in Vancouver. These products are designed to support faster post-surgical recovery and are complementary to the company’s existing NervAlign® range. With regulatory clearance in the US and alignment with existing distribution channels, the EmpliQ™ range is expected to drive revenue growth. ReNerve’s strategic partnership with Berkeley Biologics LLC and its focus on leveraging eCOO technology position the company well in the growing global markets for peripheral nerve repair and dermal and amniotic tissue products.
More about Renerve Limited
ReNerve Limited is an innovative Australian medical device company focused on developing advanced solutions for peripheral nerve injury repair. Founded by a neurosurgeon and medtech researchers, the company has made significant strides in peripheral nerve surgery with its scientifically backed products, such as the FDA-cleared NervAlign® Nerve Cuff, which have improved surgical outcomes globally.
Average Trading Volume: 143,189
Technical Sentiment Signal: Hold
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