Australia Therapeutic Goods Administration Has Approved For Marketing Axonics' R20 Rechargeable Sacral Neuromodulation System For Overactive Bladder And Fecal Incontinence, Axonics Expects To Commence Sales Of The R20 To Australian Customers In November
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The Australian Therapeutic Goods Administration has approved Axonics' R20 Rechargeable Sacral Neuromodulation System for marketing. Axonics plans to start sales in Australia in November, targeting overactive bladder and fecal incontinence treatments.
September 26, 2024 | 10:05 am
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Axonics has received approval from the Australian Therapeutic Goods Administration for its R20 Rechargeable Sacral Neuromodulation System. The company plans to start sales in Australia in November, which could boost its revenue and market presence.
The approval of Axonics' R20 system by the Australian Therapeutic Goods Administration is a significant regulatory milestone. It allows Axonics to enter the Australian market, potentially increasing its revenue and expanding its market presence. The planned sales commencement in November indicates a positive short-term impact on the company's financial performance.
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