NeurAxis Submits To FDA For Expansion Of IB-Stim Label; Provides Compliance With NYSE Guidelines
Portfolio Pulse from Benzinga Newsdesk
NeurAxis has submitted an application to the FDA to expand the label for its IB-Stim device. Additionally, the company has provided compliance with NYSE guidelines.
June 07, 2024 | 1:03 pm
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POSITIVE IMPACT
NeurAxis has submitted an application to the FDA to expand the label for its IB-Stim device, which could potentially increase its market reach. The company has also ensured compliance with NYSE guidelines, which is positive for its stock stability.
The FDA submission for label expansion could lead to increased market reach for IB-Stim, potentially boosting revenues. Compliance with NYSE guidelines ensures the company remains listed, maintaining investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100