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Prices & Quotes - UK Markets - RUA Life Sciences (RUA)

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Share Price:
140.50p
Change Today:
0.000p
Market Cap:
31.17m
Sector:
Health Care Equipment & Services

RUA announces first surgical implant of 'Elast-Eon' vascular graft

By Josh White

Date: Thursday 25 Jun 2020

LONDON (ShareCast) - (Sharecast News) - Medical devices company RUA Life Sciences announced the first surgical implant of an 'Elast-Eon' sealed vascular graft on Thursday, as part of its prototype evaluation prior to design freeze.
The AIM-traded firm - formerly known as AorTech International - said the implant procedure went well, with the graft performance meeting the primary targets of suture line performance and blood sealing.

Following initial findings, alterations to the selvedge line had now been incorporated into grafts for the second phase of the study, with the ongoing intention of examining the healing of the graft compared to a control as a secondary target.

RUA said it was intended to start the second phase as soon as possible, with further updates to be provided after examination of the explanted grafts.

"First animal implant is always a major milestone in the development of new medical devices and we are delighted to have successfully sealed a textile graft with Elast-Eon," said chairman Bill Brown.

"This brings us another step closer to reaching design freeze and moving forward to regulatory testing."

At 1214 BST, shares in RUA Life Sciences were down 4.24% at 122.1p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

RUA Market Data

Currency UK Pounds
Price 140.50p
Change Today 0.000p
52 Week High 176.50p
52 Week Low 117.50p
Volume 15,952
Shares Issued 22.18m
Market Cap 31.17m
Beta 0.15

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What The Brokers Say

Strong Buy 1
Buy 0
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Total 1
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RUA Dividends

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Trades for 01-Dec-2021

Time Volume / Share Price
13:54 4,206 @ 140.55p
11:54 10,351 @ 144.90p
11:50 351 @ 136.00p
10:46 1,000 @ 136.00p
10:00 4 @ 138.50p

RUA Key Personnel

Chair William D Brown