RenovoRx Increases Production Of FDA-Cleared RenovoCath Delivery System Due To Rising Demand From Oncology And Interventional Radiology Physicians; Expands Partnership With Medical Murray And Issues Warrants For Manufacturing Milestones
Portfolio Pulse from Benzinga Newsdesk
RenovoRx is ramping up production of its FDA-cleared RenovoCath Delivery System due to increased demand from oncology and interventional radiology physicians. The company is expanding its partnership with Medical Murray and issuing warrants for manufacturing milestones.
September 25, 2024 | 12:33 pm
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RenovoRx is increasing production of its RenovoCath Delivery System due to rising demand, expanding its partnership with Medical Murray, and issuing warrants for manufacturing milestones.
The increased production and expanded partnership indicate strong demand and potential growth for RenovoRx. Issuing warrants for manufacturing milestones suggests confidence in meeting production goals, which could positively impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100