Abbott Laboratories Receives FDA Approval For Dual-Chamber Leadless Pacemaker
Portfolio Pulse from Benzinga Newsdesk
Abbott Laboratories has received FDA approval for its dual-chamber leadless pacemaker. This approval could potentially boost the company's market share in the medical devices sector.
July 05, 2023 | 1:07 pm
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Abbott Laboratories' FDA approval for its dual-chamber leadless pacemaker could potentially increase its market share in the medical devices sector, positively impacting its stock.
FDA approval is a significant milestone for any medical device company. This approval not only validates the safety and efficacy of Abbott's dual-chamber leadless pacemaker but also potentially opens up a larger market share for the company. This could lead to increased revenues and profitability, which would likely have a positive impact on the company's stock price.
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