Sharps Technology Shares Climb on Latest SoloGard Shipments

Dow Jones

2025/06/19

By Dean Seal

Shares of Sharps Technology jumped after the company said it has initiated a second shipment from its first commercial order of SoloGard syringes.

The stock was up 13% at $5.68 in midday trading. Shares have more than doubled since the start of the year.

The medical device and pharmaceutical-packaging company also said Wednesday that it is installing new molding and automation systems in preparation for a production ramp-up in the second half of the year.

Sharps is executing a $400,000 purchase order from June 4 for a five-year supply of up to 500 million SoloGard syringes.

The sale is the company's first pivot into revenue-generating commercial operations.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

Sharps shares have fallen 99% since the start of the year. "Sharps Technology Shares Climb on Latest SoloGard Shipments," at 12:15 p.m. ET, incorrectly said the company's stock has more than doubled.

(END) Dow Jones Newswires

June 18, 2025 12:33 ET (16:33 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Shares have more than doubled since the start of the year. \n</p>\n<p>\n  The medical device and pharmaceutical-packaging company also said Wednesday that it is installing new molding and automation systems in preparation for a production ramp-up in the second half of the year. \n</p>\n<p>\n  Sharps is executing a $400,000 purchase order from June 4 for a five-year supply of up to 500 million SoloGard syringes. \n</p>\n<p>\n  The sale is the company's first pivot into revenue-generating commercial operations. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Dean Seal at dean.seal@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n</font><font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  Sharps shares have fallen 99% since the start of the year. \"Sharps Technology Shares Climb on Latest SoloGard Shipments,\" at 12:15 p.m. ET, incorrectly said the company's stock has more than doubled. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 18, 2025 12:33 ET (16:33 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4198","symbol_name":"医疗保健用品","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2544090150","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544090150","pubTimestamp":1750263300,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Sharps Technology jumped after the company said it has initiated a second shipment from its first commercial order of SoloGard syringes.The stock was up 13% at $5.68 in midday trading. 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Shares have more than doubled since the start of the year. \n\n\n  The medical device and pharmaceutical-packaging company also said Wednesday that it is installing new molding and automation systems in preparation for a production ramp-up in the second half of the year. \n\n\n  Sharps is executing a $400,000 purchase order from June 4 for a five-year supply of up to 500 million SoloGard syringes. \n\n\n  The sale is the company's first pivot into revenue-generating commercial operations. \n\n\n \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n\n \n\n\n  Sharps shares have fallen 99% since the start of the year. \"Sharps Technology Shares Climb on Latest SoloGard Shipments,\" at 12:15 p.m. ET, incorrectly said the company's stock has more than doubled. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 18, 2025 12:33 ET (16:33 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}