Nanovibronix jumps on Australia regulator nod for therapeutic device

ENvue Medical

11/08/2021 14:41

** Shares of medical device maker  NAOV.O  up 5.7% at $2.41
    ** Co says the Therapeutic Goods Administration (TGA), the
Australian regulatory body for therapeutic devices, approved its
PainShield
    ** PainShield is a portable ultrasound device that is used
to treat pain and induce soft tissue healing in a targeted area
    ** Co had recently signed a distribution agreement with
DukeHill Healthcare to distribute its technologies in Australia
    ** Up to Tuesday's close, stock had more than tripled in
value YTD

 (Reporting by Shashank Nayar in Bengaluru)
 ((Shashank.Nayar@thomsonreuters.com; within U.S. +1 646 223
8780; outside U.S. +91 80 6182 2256;))