NanoVibronix Signs Agreement For Research And Development Of Next Generation PainShield And UroShield
Portfolio Pulse from Benzinga Newsdesk
NanoVibronix, Inc. (NASDAQ:NAOV) has announced a partnership with Veranex, Inc. to develop the next generation of its UroShield and PainShield products. The collaboration aims to enhance therapeutic functionality, increase satisfaction among clinicians and patients, and reduce production costs through Veranex's research and development services.
March 28, 2024 | 12:36 pm
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NanoVibronix's partnership with Veranex is expected to enhance its product offerings and reduce costs, potentially increasing market competitiveness and customer satisfaction.
The partnership with Veranex is likely to have a positive impact on NanoVibronix's stock in the short term due to the potential for improved product offerings and reduced production costs. These enhancements could lead to increased market competitiveness and customer satisfaction, which are critical factors for growth in the medical device sector.
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