Australia's EBR Systems rises on US prelim approval for reimbursement scheme

EBR Systems

15/07/2025 03:18

** Shares of EBR Systems EBR.AX rise as much as 5.5% to A$1.24, hitting their highest level since July 7; last up 3.4%

** The medtech firm receives preliminary approval for its WiSE CRT System for transitional pass-through (TPT) reimbursement scheme from U.S. Centers for Medicare & Medicaid Services

** TPT reimbursement program allows hospital adoption of medical technologies, whose costs are not yet fully incorporated in standard medicare payment rates, says co

** Stock up 18.1% YTD, including current levels

 (Reporting by Sherin Sunny in Bengaluru)

 ((Sherin.Sunny@thomsonreuters.com;))