ZYLOXTB (02190) surged more than 3%, reaching HK$25.52 by the time of writing, with a trading volume of HK$13.1441 million. The company announced via its official WeChat account that its "Tongqiao Feilong™ Intracranial Aneurysm Embolization Stent" has received approval from China's National Medical Products Administration (NMPA) for market launch.
The Tongqiao Feilong™ stent is designed for use alongside embolization coils, specifically targeting intracranial neurovascular diseases, and offers a new efficient solution for clinical treatment. Compared to similar products on the market, it provides superior wall apposition and imaging visibility, enhancing procedural safety and precision. Additionally, its comprehensive range of models caters to diverse clinical needs.
CITIC Securities noted that the stent employs DFT material weaving technology, ensuring clear imaging throughout the procedure, thereby improving visibility and safety. The approval of this stent is expected to bolster ZYLOXTB's neurointerventional product pipeline, enhance its integrated solutions, and support market share growth while sustaining rapid performance expansion.
Comments