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Monday, April 27, 2020

Aytu Bio up on potential device to treat COVID-19

Aytu Bioscience (AYTU +33.6%) jumps on triple normal volume in reaction to its agreement with Sterling Medical Devices finalizing the development of an endotracheal catheter called Healight for the potential treatment of COVID-19.
The company in-licensed exclusive global rights to the technology last week from Cedars-Sinai. It says it is working with the FDA to clarify a registration path.
https://seekingalpha.com/news/3564668-aytu-bio-up-34-on-potential-device-to-treat-covidminus-19

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