Will Trinity Biotech Stock Gain From Its Latest Patent Process? [Yahoo! Finance]
Trinity Biotech plc - American Depositary Shares (TRIB)
Last trinity biotech plc - american depositary shares earnings: 10/26 08:00 am
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Source: Yahoo! Finance
Earlier this year, the company was granted a European patent for a novel method that enhances the performance of its glucose biosensor. Recent testing of this patented process has confirmed its effectiveness in improving the performance of the sensor. Trinity Biotech intends to use this breakthrough process to stabilize and improve the functionality of its glucose biosensor in its next-generation continuous glucose monitor (CGM) technology. Shares of TRIB went down marginally by 0.05% in pre-market trading today following the news. However, as the company is gaining a high level of synergies from its continued development within the CGM market, this latest development might prove fruitful in strengthening its foothold in this space. Accordingly, we expect market sentiment to recover shortly. Significance of Trinity Biotech's Patented Process CGMs are small patch-like wearable medical devices that use biosensor wires under the skin to measure glucose in real time. Generally, th
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News
- Trinity Biotech's Stock Rises After Acquisition of Metabolomics [Yahoo! Finance]Yahoo! Finance
- Trinity Biotech Announces Acquisition of Metabolomics Diagnostics to Grow Presence in Maternal Health MarketGlobeNewswire
- Trinity Biotech to Initiate CGM Market Study in India in Furtherance of Intended Collaboration with BayerGlobeNewswire
- Autoimmune Disease Testing Market to Reach $12.1 Billion, Globally, by 2033 at 8.6% CAGR: Allied Market ResearchPR Newswire
- Autoimmune Disease Testing Market to Reach $12.1 Billion, Globally, by 2033 at 8.6% CAGR: Allied Market ResearchPR Newswire
TRIB
Sec Filings
- 9/25/24 - Form 6-K
- 9/23/24 - Form 6-K
- 9/20/24 - Form 424B5
- TRIB's page on the SEC website