RUA Life Sciences (RUA)

Sector:

Health Care

Index:

FTSE AIM All-Share

11.13p
   
  • Change Today:
      0.38p
  • 52 Week High: 44.00
  • 52 Week Low: 8.75
  • Currency: UK Pounds
  • Shares Issued: 62.06m
  • Volume: 645,672
  • Market Cap: £6.90m
  • RiskGrade: 290

RUA announces first surgical implant of 'Elast-Eon' vascular graft

By Josh White

Date: Thursday 25 Jun 2020

LONDON (ShareCast) - (Sharecast News) - Medical devices company RUA Life Sciences announced the first surgical implant of an 'Elast-Eon' sealed vascular graft on Thursday, as part of its prototype evaluation prior to design freeze.
The AIM-traded firm - formerly known as AorTech International - said the implant procedure went well, with the graft performance meeting the primary targets of suture line performance and blood sealing.

Following initial findings, alterations to the selvedge line had now been incorporated into grafts for the second phase of the study, with the ongoing intention of examining the healing of the graft compared to a control as a secondary target.

RUA said it was intended to start the second phase as soon as possible, with further updates to be provided after examination of the explanted grafts.

"First animal implant is always a major milestone in the development of new medical devices and we are delighted to have successfully sealed a textile graft with Elast-Eon," said chairman Bill Brown.

"This brings us another step closer to reaching design freeze and moving forward to regulatory testing."

At 1214 BST, shares in RUA Life Sciences were down 4.24% at 122.1p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

RUA Market Data

Currency UK Pounds
Share Price 11.13p
Change Today 0.38p
% Change 3.49 %
52 Week High 44.00
52 Week Low 8.75
Volume 645,672
Shares Issued 62.06m
Market Cap £6.90m
RiskGrade 290

RUA Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
78.35% below the market average78.35% below the market average78.35% below the market average78.35% below the market average78.35% below the market average
45.95% below the sector average45.95% below the sector average45.95% below the sector average45.95% below the sector average45.95% below the sector average
Income Not Available
Growth
39.20% above the market average39.20% above the market average39.20% above the market average39.20% above the market average39.20% above the market average
61.11% above the sector average61.11% above the sector average61.11% above the sector average61.11% above the sector average61.11% above the sector average

RUA Dividends

No dividends found

Trades for 02-May-2024

Time Volume / Share Price
16:23 10,000 @ 11.00p
16:20 15,619 @ 11.13p
15:53 8,000 @ 11.13p
15:48 10,000 @ 11.25p
14:03 15,000 @ 11.28p

RUA Key Personnel

Chair William D Brown
CFO Lachlan Smith

Top of Page