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Stock impact report

KORU Medical (KRMD) Forms New Deal on Subcutaneous Infusion [Yahoo! Finance]

KORU Medical Systems, Inc. (KRMD) 
Company Research Source: Yahoo! Finance
The company announced a collaboration with a global pharmaceutical manufacturer, marking a significant step forward within this field. Advancing Rare Disease Therapy The collaboration aims to initiate a feasibility study utilizing KORU's Freedom Infusion System for an already commercialized rare diseasebiologic therapy. If successful, this study will pave the way for the development of a tailored Freedom System, facilitating the delivery of large-volume therapy through subcutaneous administration. One key aspect of this collaboration is the exploration of new therapeutic settings, specifically the ambulatory infusion center and the ambulatory infusion suite in the United States, as well as the hospital setting in the European Union. This expansion beyond traditional home subcutaneous administration showcases the adaptability and versatility of KORU's technology. Strategic Significance The company, in this regard, highlighted the significance of venturing into new therapeutic Show less Read more
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