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Stock impact report

RenovoRx Increases U.S. Production of RenovoCath® Devices to Meet Growing Demand from Oncology Community [Yahoo! Finance]

RenovoRx, Inc. (RNXT) 
Company Research Source: Yahoo! Finance
RenovoRx management and board members purchased over 140,000 shares of RenovoRx stock during recent open trading window, signaling their confidence in RenovoRx's future MOUNTAIN VIEW, Calif., April 16, 2025 BUSINESS WIRE RenovoRx, Inc. ("RenovoRx" or the "Company") (Nasdaq: RNXT) , a life sciences company developing innovative targeted oncology therapies and commercializing RenovoCath , a novel, FDA-cleared drug-delivery device, today announced that it is increasing production of its FDA-cleared RenovoCath catheter-based device in order to meet increased demand for the targeted delivery of diagnostic and/or therapeutic agents from oncologists and interventional radiologists. The principal manufacturer of RenovoCath devices is Medical Murray Inc., based in the U.S. in North Barrington, IL. "As we anticipated, we are seeing growing demand for our proprietary RenovoCath device. We expect first-quarter 2025 revenue from RenovoCath to reach the low six-figure range, with continued seq Show less Read more
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