NexGel up on lauch of new hydrogel for wound dressing

Nexgel

08/12/2022 13:59

** Shares of medical hydrogel provider NexGel Inc  NXGL.O 
rise 5.2% to $1.6 before the bell
    ** Co reports launch of a new product Turfguard which is a
hydrogel dressing for soothing turf burn and protecting athletic
wounds
    ** Turf burn can cause loss of skin layers, allowing an open
wound to develop
    ** Co says Turfguard patches maintain a moist wound
environment and aid in removing non-viable tissues from wound 
    ** Turfguard's FDA cleared sterile silver patches, to help
in healing of wounds and in preventing infection, kill 99% of
infection causing bacteria -  NXGL
    ** Stock down 41% YTD, as of last close 
 (Reporting by Pratik Jain in Bengaluru)
 ((Pratik.Jain@thomsonreuters.com;))