Modular Medical share are trading higher after the company announced it received FDA clearance to market and sell its MODD1 pump.
Portfolio Pulse from Benzinga Newsdesk
Modular Medical shares are rising following the announcement of a conference call to discuss FDA clearance of its MODD1 pump and future plans.
September 05, 2024 | 4:02 pm
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POSITIVE IMPACT
Modular Medical's stock is trading higher due to the announcement of a conference call to discuss FDA clearance of its MODD1 pump, indicating positive regulatory progress.
The FDA clearance of the MODD1 pump is a significant regulatory milestone for Modular Medical, likely boosting investor confidence and driving the stock price higher. The announcement of a conference call suggests transparency and future growth plans, further supporting positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100