Venus Medtech Denies Any Undisclosed Information After US Patent Lawsuit Report; Shares Slip 6%

MT Newswires Live

01/20

Venus Medtech (HKG:2500) said it is not aware of any undisclosed inside information following media reports about a patent infringement lawsuit involving its U.S. subsidiary, according to a Tuesday Hong Kong bourse filing.

The company made the clarification after the Hong Kong Stock Exchange requested a response to a press article on litigation filed by Cardiovalve and MTH IP against Edwards Lifesciences in a U.S. federal court, the filing said.

Shares of the firm were down more than 6% in Tuesday afternoon trade.

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