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Control Bionics Posts Record US Revenue, Expands NeuroStrip® Reach
8:42am on Friday 31st of January, 2025 AEDT
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Healthcare
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Control Bionics Posts Record US Revenue, Expands NeuroStrip® Reach
8:42am on Friday 31st of January, 2025 AEDT
Key Points
Record US revenue approaches US$1 million, boosted by first HCPCS reimbursements
Successful $2.47 million capital raise to fund growth initiatives
Expansion into US sports performance and Japanese rehabilitation markets
Implemented A$700,000 annualized cost savings in US operations
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Control Bionics (ASX:CBL)
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