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Stock impact report

Trinity Biotech Shares Surge on Positive Pre-Pivotal Clinical CGM Trial [Yahoo! Finance]

Trinity Biotech plc - American Depositary Shares (TRIB) 
Last trinity biotech plc - american depositary shares earnings: 10/26 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: trinitybiotech.com/investor-relations
Company Research Source: Yahoo! Finance
Trinity Biotech plc TRIB has completed its first pre-pivotal clinical trial in Europe for its next-generation continuous glucose monitor (CGM). This trial assessed the effectiveness of significant technology enhancements since acquiring the CGM from Waveform Technologies in January 2024. The results confirm the progress in improving performance, usability and cost-efficiency, positioning Trinity Biotech for further advancements. CGMs are wearable devices that track real-time glucose levels using biosensors under the skin. The trial results showed that the refined sensor achieved a mean absolute relative difference (MARD) that significantly improved upon the performance of the previous Waveform device. Likely Trend of TRIB Stock Following the News Following the news, shares of TRIB rose 13.3% to $1.36 at yesterday's closing. Shares of Trinity Biotech have plunged 36.6% year to date against the industry's 11.7% growth. The S&P 500 has risen 20.8% in the same time frame. Trini Show less Read more
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