Australia's PolyNovo hits 11-month high on receiving largest single order
16/02/2024 24:44
** Shares of PolyNovo PNV.AX rise as much as 3.8% to
A$2.040, their highest since March 22, 2023
** Medical device maker says it has received its largest
single order, with payment in full of $775,000 for its NovoSorb
BTM product to be delivered into Ukraine
** Co says NovoSorb BTM is a dermal scaffold used to treat
extensive surgery, trauma or burn
** Adds inventory is on hand in the region and ready for
despatch
** Including Friday's gain, stock up ~21% this year
(Reporting by Neha Soni in Bengaluru)
((Neha.Soni@thomsonreuters.com))