Japan Allows Luther Medical’s Neonatal Line
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Luther Medical Products Inc. said it has received approval from the Japanese Ministry of Health to sell its neonatal product range in Japan.
The Tustin company’s stock rose 16%, or 31 cents a share, to close at $2.19.
Luther Medical, which designs and makes intravenous catheter systems, said it plans to deliver the first shipment of about 3,000 units to Japan in September.
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