Acotec Scientific (HKG:6669) obtained registration approval for the peripheral controlled mechanically detachable fibered coil from China's National Medical Products Administration, a Monday Hong Kong bourse filing said.

Shares of the interventional medical device manufacturer were down over 6% in Tuesday afternoon trading.

The product is indicated for the embolization of peripheral vascular aneurysms, arteriovenous malformations, and arteriovenous fistulas.