BrainsWay Announced Expanded Availability Of Its Deep Transcranial Magnetic Stimulation Technology In South Korea, Recent Sales Are Expected To Bring BrainsWay's Installed Base In The Country To Over 20 Systems
Portfolio Pulse from Benzinga Newsdesk
BrainsWay has announced that its Deep Transcranial Magnetic Stimulation (Deep TMS) technology will have expanded availability in South Korea. Recent sales are anticipated to increase the company's installed base in South Korea to over 20 systems.
December 07, 2023 | 1:07 pm
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BrainsWay's recent sales in South Korea are expected to grow its installed base to over 20 Deep TMS systems, potentially increasing revenue and strengthening market presence.
The expansion of BrainsWay's Deep TMS technology in South Korea is likely to have a positive short-term impact on the company's stock price. The increase in the installed base suggests a growing acceptance and demand for their technology in the South Korean market, which could lead to higher revenues. As the news directly pertains to BrainsWay's business growth and market expansion, it is highly relevant and important to investors. The confidence in this analysis is strong, given the clear link between expanded availability, increased sales, and potential revenue growth.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100