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Glaukos Announces EU MDR Certification for iStent infinite® and Other Leading MIGS Therapies

1. Glaukos receives EU certification for iStent infinite® and other MIGS technologies. 2. This approval enhances GKOS's market position and potential revenue growth.

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Why Bullish?

Achieving regulatory certification can lead to increased sales and market trust. Historical precedents show FDA or EU approvals can significantly boost stock prices in medical technology.

How important is it?

The certification is critical for GKOS, as it directly influences its competitive edge and revenue potential in the EU market.

Why Long Term?

The EU certification opens new market opportunities and may drive sustained revenue growth over time. This follows a trend where similar certifications positively affect companies' long-term performance.

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ALISO VIEJO, Calif.--(BUSINESS WIRE)--Glaukos Corporation (NYSE: GKOS), an ophthalmic pharmaceutical and medical technology company focused on novel therapies for the treatment of glaucoma, corneal disorders and retinal diseases, today announced it has received European Union (EU) Medical Device Regulation (MDR) certification for iStent infinite®, along with several of its other leading micro-invasive glaucoma surgery (MIGS) technologies, including iStent inject® W. Glaukos' iStent® trabecular.

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