Business
PolyNovo (ASX:PNV) share price advances 4% higher on market update
The PolyNovo Ltd (ASX: PNV) share price is climbing higher in the early afternoon trade. This comes after the company announced that it will expand its presence into new geographical markets. At the time of writing, the medical device company’s shares are up 4.1% to $2.52.
What’s driving the PolyNovo share price higher?
PolyNovo shares are running higher after investors appear upbeat about the company’s future prospects.
According to its release, PolyNovo advised it will enter the medical device market for Nordic countries, Denmark, Norway, and Iceland. This will be supported by the company’s partner, MedinaMedical, who will help distribute PolyNovo’s NovoSorb BTM.
MedinaMedical is based in Copenhagen, Denmark, and…
-
Noosa News23 hours agoLaidley e-scooter death: Tragic new details after Summah Richards killed in freak accident
-
General17 hours agoUkraine says Russia has ramped up attacks despite ‘Easter truce’
-
General23 hours agoMinjee Lee rallies after third-round meltdown to share fifth place at LA Championship
-
General16 hours agoPope Francis appears Easter Sunday to deliver blessing as recovery continues