Medtronic Releases Statement Regarding FDA Panel Vote On Symplicity Spyral Renal Denervation System For Circulatory Systems Devices
Portfolio Pulse from Benzinga Newsdesk
Medtronic has released a statement regarding the FDA panel vote on its Symplicity Spyral Renal Denervation System for circulatory systems devices.
August 24, 2023 | 5:50 am
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NEUTRAL IMPACT
The FDA panel vote on Medtronic's Symplicity Spyral Renal Denervation System could potentially impact the company's stock.
The FDA panel vote is a significant event for Medtronic as it could potentially lead to the approval or disapproval of its Symplicity Spyral Renal Denervation System. This could have a direct impact on the company's revenues and, consequently, its stock price. However, without specific details on the vote outcome, it's difficult to predict the direction of the impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100