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NEWS
RenovoRx Receives First Purchase Orders for its FDA-Cleared RenovoCath® Delivery System
Thursday, 5th December at 8:00 am
Over Ten Medical Institutions Nationwide have Initiated RenovoCath Purchase Process, Further Accelerating Commercialization Strategy
RenovoRx Estimates Initial Target Market Size for RenovoCath of Several Hundred Million Dollars in Annual Sales
Global Medical Device Commercial Leader, Richard Stark, Joining RNXT as Commercial Advisor
LOS ALTOS, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- RenovoRx, Inc. ("RenovoRx" or the "Company") (NASDAQ: RNXT), a life sciences company developing novel targeted oncology therapies and commercializing RenovoCath, a novel, FDA-cleared delivery platform, today announced that it has received its first purchase orders for RenovoCath devices.
This milestone marks a positive continuation of RenovoRx's previously announced efforts to commercialize RenovoCath as a standalone device to be used by doctors in accordance with its FDA-cleared instructions for use. RenovoCath is powered by the Company's patented Trans-Arterial Micro-Perfusion (TAMP™) therapy platform.
Additionally, over ten medical institutions have initiated the process for RenovoCath purchase orders. To meet and satisfy the anticipated demand, RenovoRx will continue to actively explore further revenue-generating activity either on its own or in tandem with a medical device commercial partner.
Thursday, 5th December at 8:00 am
Over Ten Medical Institutions Nationwide have Initiated RenovoCath Purchase Process, Further Accelerating Commercialization Strategy
RenovoRx Estimates Initial Target Market Size for RenovoCath of Several Hundred Million Dollars in Annual Sales
Global Medical Device Commercial Leader, Richard Stark, Joining RNXT as Commercial Advisor
LOS ALTOS, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- RenovoRx, Inc. ("RenovoRx" or the "Company") (NASDAQ: RNXT), a life sciences company developing novel targeted oncology therapies and commercializing RenovoCath, a novel, FDA-cleared delivery platform, today announced that it has received its first purchase orders for RenovoCath devices.
This milestone marks a positive continuation of RenovoRx's previously announced efforts to commercialize RenovoCath as a standalone device to be used by doctors in accordance with its FDA-cleared instructions for use. RenovoCath is powered by the Company's patented Trans-Arterial Micro-Perfusion (TAMP™) therapy platform.
Additionally, over ten medical institutions have initiated the process for RenovoCath purchase orders. To meet and satisfy the anticipated demand, RenovoRx will continue to actively explore further revenue-generating activity either on its own or in tandem with a medical device commercial partner.
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