Business
The PolyNovo (ASX:PNV) share price jumps 5% with its latest news
The PolyNovo Ltd’s (ASX: PNV) share price took flight this afternoon after it announced an agreement with a US group purchasing organisation (GPO), Premier Inc.
The medical device company will sell its novel range of bio-resorbable polymers to Premier’s member hospitals.
The PolyNovo share price was trading up 4.88% to close this afternoon at $3.01.
Let’s look closer at PolyNovo’s news today.
Group purchasing agreement
PolyNovo’s purchasing agreement with Premier will see the potential for the company’s product NovoSorb BTM to be used in around 4100 health facilities and hospitals.
According to PolyNovo, its agreement with Premier will allow its products to be accessed by more than 2000 acute care hospitals, 100…
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