Why the PolyNovo (ASX:PNV) share price is pushing higher

It has been an eventful day for the PolyNovo Ltd (ASX: PNV) share price on Monday.

After dropping as much as much as 4% lower in morning trade, the medical device company’s shares are now in the black.

The PolyNovo share price is currently up 1% to $2.67.

Why is the PolyNovo share price pushing higher today?

As well as getting a lift from a rebound by the Australian share market this afternoon, the release of an announcement has given the PolyNovo share price a boost today.

That announcement reveals that the company has continued its expansion in the European market by entering the Italian market. This follows announcements in January which revealed that the company had expanded into Poland and Turkey.

According to the release,…