Acotec Scientific Gets China Nod for Registration of Fibered Coil; Shares Slide 6%

MT Newswires Live
Aug 26

Acotec Scientific (HKG:6669) obtained registration approval for the peripheral controlled mechanically detachable fibered coil from China's National Medical Products Administration, a Monday Hong Kong bourse filing said.

Shares of the interventional medical device manufacturer were down over 6% in Tuesday afternoon trading.

The product is indicated for the embolization of peripheral vascular aneurysms, arteriovenous malformations, and arteriovenous fistulas.

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