Autonomix Completes Licensing Transaction For FDA-Cleared Ablation Technology
Portfolio Pulse from Benzinga Newsdesk
Autonomix Medical, Inc. (NASDAQ:AMIX) has completed a licensing transaction with RF Innovations, Inc. for the Apex 6 Radiofrequency Generator. This deal grants Autonomix a perpetual non-exclusive worldwide and royalty-free license, reinforcing its FDA regulatory pathway and enhancing its supply chain.
July 24, 2024 | 12:03 pm
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Autonomix Medical, Inc. has completed a licensing transaction with RF Innovations, Inc. for the Apex 6 Radiofrequency Generator. This deal grants Autonomix a perpetual non-exclusive worldwide and royalty-free license, reinforcing its FDA regulatory pathway and enhancing its supply chain.
The licensing transaction for the Apex 6 Generator is likely to positively impact Autonomix's stock price in the short term. The deal not only strengthens the company's FDA regulatory pathway but also enhances its supply chain, which is crucial for ongoing development and commercialization efforts.
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