Business
Why the Polynovo share price is surging today // Motley Fool Australia
The Polynovo Ltd (ASX: PNV) share price has lifted higher today on news of an international expansion. Polynovo advised the ASX it was expanding operations into multiple new countries with its ongoing partner, PolyMedics Innovations (PMI). The Polynovo share price surged up more than 4% in earlier trading before retreating to $3.02, up 2.7%, at the time of writing.
The company develops medical devices internationally, mainly to countries including Australia, New Zealand, the United States and Europe. Polynovo’s primary product is the NovoSorb biodegradable temporising matrix (BTM) used to close surgical wounds. The company also has a number of other products under development and in use.
About the expansion
Through partnership…
-
Noosa News19 hours agoNRL grand final quick hits: Reece Walsh creates magic after avoiding sin bin as Broncos survive Hunt, Reynolds injuries to win premiership
-
General19 hours agoHow the internet reacted to Brisbane Broncos winning the NRL grand final
-
Noosa News11 hours agoNew playground equipment encourages children to learn through ‘risky play’
-
General8 hours agoThree youths in police custody after fire at Ashley Youth Detention Centre in northern Tasmania