Smith+Nephew Announces Results For Its REGENETEN Bioinductive Implant From A Recently Completed Randomized Controlled Trial, Showing The Implant Reduces Full-thickness Rotator Cuff Re-tear Rates By 68%
Portfolio Pulse from Benzinga Newsdesk
Smith+Nephew announced that their REGENETEN Bioinductive Implant significantly reduces full-thickness rotator cuff re-tear rates by 68%, according to results from a recent randomized controlled trial.
January 11, 2024 | 12:09 pm
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POSITIVE IMPACT
Smith+Nephew's successful trial of the REGENETEN Implant suggests a positive outlook for the product, potentially increasing sales and enhancing the company's market position in medical devices.
The positive outcome of the clinical trial is likely to be seen as a strong indicator of the product's efficacy, which could lead to increased adoption and sales. This, in turn, may have a favorable impact on Smith+Nephew's financial performance and stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90