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Artrya Limited ( (AU:AYA) ) just unveiled an announcement.
Artrya Limited announced a successful A$15 million capital raising through a two-tranche placement to professional investors, priced at A$0.73 per share. The proceeds will be utilized to fast-track regulatory applications for its Salix® products, enhance customer implementations, conduct clinical studies, and support the SAPPHIRE study aimed at expanding the software’s adoption in US hospitals. This strategic move underscores Artrya’s commitment to accelerating its commercial expansion and securing broader clinical credibility, positioning the company for further growth and stakeholder engagement.
More about Artrya Limited
Artrya Limited operates in the healthcare industry, focusing on the development of AI-driven software solutions for coronary artery disease detection. The company’s primary products, Salix® Coronary Plaque and Salix® Coronary Flow, aim to enhance clinical outcomes by identifying key imaging markers of coronary artery disease. With a strategic focus on expanding its footprint in the US healthcare market, Artrya is investing in regulatory approvals and clinical studies to bolster its market position.
YTD Price Performance: 62.26%
Average Trading Volume: 153,796
Technical Sentiment Consensus Rating: Sell
For a thorough assessment of AYA stock, go to TipRanks’ Stock Analysis page.
