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NanoVibronix ( (NAOV) ) has provided an announcement.
NanoVibronix has completed the first phase of a randomized control trial for its UroShield® device at the University of Michigan, focusing on its potential to improve quality of life for patients with long-term catheter use. The company also received a limited extension from Nasdaq to meet listing requirements, contingent on demonstrating compliance with bid price and equity rules through measures such as a reverse stock split. Failure to comply may lead to delisting, affecting capital-raising abilities.
More about NanoVibronix
NanoVibronix, Inc. is a medical device company based in Tyler, Texas, with research and development operations in Nesher, Israel. The company specializes in developing therapeutic devices using patented low-intensity surface acoustic wave (SAW) technology, primarily targeting applications such as biofilm disruption, bacterial colonization control, and pain relief. Its main products include PainShield® and UroShield®, designed for home or care setting use.
YTD Price Performance: -3.06%
Average Trading Volume: 406,625
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $2.26M
Learn more about NAOV stock on TipRanks’ Stock Analysis page.