Zynex Submits FDA Application For Its Next Generation NMES Device
Portfolio Pulse from Benzinga Newsdesk
Zynex, Inc. (NASDAQ:ZYXI) has submitted a 510(k) application to the FDA for its new NMES device, the M-Wave, which is designed to replace the E-Wave. The M-Wave aims to provide a more effective and user-friendly treatment for neuromuscular conditions and can be used in both clinical and home settings. This submission is a key step in Zynex's strategy to innovate and deliver advanced medical devices to patients.
November 13, 2023 | 2:19 pm
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Zynex, Inc. has submitted a 510(k) application for its M-Wave NMES device, which could enhance its product line and potentially boost its market share in the medical device sector.
The submission of the 510(k) application for the M-Wave NMES device is likely to be viewed positively by investors as it signifies progress in product development and potential for future revenue growth. If approved, the M-Wave could strengthen Zynex's position in the medical device market, leading to a positive short-term impact on the stock price.
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