TSE:7733Medical Equipment
Olympus (TSE:7733) Valuation Check After FDA Clearance For New POWERSEAL Surgical Device
Olympus (TSE:7733) recently received FDA 510(k) clearance for its POWERSEAL Open Extended Jaw Sealer/Divider, a new addition to its surgical device portfolio that broadens potential use across multiple U.S. surgical specialties.
See our latest analysis for Olympus.
The FDA clearance and recent ¥20b shelf registration come against a mixed picture for Olympus, with the share price at ¥1,571 and short term share price momentum contrasting with weaker multi year total shareholder returns. This...