Proactive Investor's  Instablog

Proactive Investor
Send Message
Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
My company:
Proactiveinvestors
My blog:
Proactiveinvestors
  • SomnoMed Limited Receives U.S. Approval For Sleep Apnea Devices 0 comments
    Jun 24, 2014 7:00 PM

    SomnoMed Limited (ASX:SOM) has received FDA 510(k) approval from the U.S. Department of Health & Human Services for its sleep apnea devices, allowing it to start sales in July.

    The approvals were received for its new SomnoDent® Fusion Classic and SomnoDent® Fusion Flex oral appliances that were introduced at conventions at the beginning of June.

    These have exchangeable wings, which makes adjustments of the forward position of the SomnoDent® device easier for the practitioner and patient.

    Both products offer improvements over existing sleep apnea devices and a greater level of patient comfort.

    The company's products are already distributed throughout 16 countries in Europe, which represents 40% of its global sales.

    Outlook for European sales volume and revenue growth in FY14/15 is strong.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

Back To Proactive Investor's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.