Avinger Announced That It Will Increase Focus On Its Coronary Artery Disease Program While Reducing The Operating Costs Of Its Peripheral Artery Disease Business
Portfolio Pulse from Benzinga Newsdesk
Avinger announced a strategic shift to increase focus on its Coronary Artery Disease program while reducing operating costs in its Peripheral Artery Disease business.
June 05, 2024 | 11:33 am
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POSITIVE IMPACT
Avinger is shifting its strategic focus to its Coronary Artery Disease program, which may lead to improved efficiencies and potential growth in this segment. The company is also reducing operating costs in its Peripheral Artery Disease business, which could positively impact its financial health.
The strategic shift to focus on the Coronary Artery Disease program could lead to growth opportunities and improved efficiencies. Reducing operating costs in the Peripheral Artery Disease business may enhance the company's financial health, making this a positive development for investors.
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