Imricor Expects Steady US-FDA Approvals Through Year-End; Shares Fall 3%

MT Newswires Live
28 Jul

Imricor Medical Systems (ASX:IMR) said it expects a "steady string" of US Food and Drug 510(k) product submissions and approvals through the remainder of the year, according to a Monday filing with the Australian bourse.

During the June quarter, the company's cash balance fell to $50.3 million from $53.9 million in the March quarter.

Shares of the company fell past 3% in recent Monday trade.

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