- Nemaura Medical has recently reported its 3QFY2022 (4QCY2021) results, with the company recognizing its inaugural revenues of $183,628 over the quarter
- The company also announced that it held $23 million in cash reserves as of the end of the quarter, which should amply cover its cash requirements over the coming months
- Nemaura Medical seized upon the opportunity to update investors on their ongoing operational highlights, which include the appointment of Dr. Arash Ghadar as COO, the formal launch of their Miboko product line
- Finally, the company also announced a new investment received from Tiger Partners Trading LLC, an investment advisor to legendary investor Julian Robertson’s Tiger Management family office
Nemaura Medical (NASDAQ: NMRD), a medical technology company focused on developing and commercializing non-invasive wearable diagnostic devices and supporting personalized lifestyle coaching programs, has announced its recent Q3 FY2022 results for the quarter ending December 31, 2021 (https://ibn.fm/8VG8U).
Nemaura Medical has seen its financial results go from strength to strength over the past year. The company recognized Q3 FY2022 revenues of $183,628 due to the initial shipments made over the past quarter of sugarBEAT(R) CGM devices to MySugarWatch, the company’s UK licensee. The order marked the inaugural revenues in Nemaura Medical’s history, with the company rapidly moving towards…
NOTE TO INVESTORS: The latest news and updates relating to NMRD are available in the company’s newsroom at https://ibn.fm/NMRD
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