Beyond Air® Announces LungFit® PH Receives Market Authorization in Australia
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Beyond Air, Inc. has received market authorization in Australia for its LungFit® PH device, which delivers nitric oxide to patients via ventilators. This approval by the Australian Therapeutic Goods Administration marks a significant milestone for the company.
January 24, 2025 | 2:30 pm
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Beyond Air's LungFit® PH device has been authorized for sale in Australia, marking a significant regulatory milestone. This approval could enhance the company's market presence and revenue potential.
The market authorization from the Australian TGA allows Beyond Air to sell its LungFit® PH device in Australia, potentially increasing its market reach and revenue. This is a positive development for the company, likely to impact its stock price favorably in the short term.
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