The PolyNovo (ASX:PNV) share price is up 30% in November

The PolyNovo Ltd (ASX: PNV) share price has continued its positive run on Monday.

In afternoon trade the medical device company’s shares are up over 4% to $3.22.

This leaves the PolyNovo share price trading just short of its record high of $3.28. It also means the company’s shares are now up 30% since this time last month.

Why is the PolyNovo share price rocketing higher this month?

There have been a number of catalysts for the strong gain by the PolyNovo share price this month.

The first is of course the development of three potentially effective COVID-19 vaccines. This has given investor sentiment a huge boost and sent global share markets charging higher.

In addition to this. a couple of company-specific announcements have…