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Medical technology & services

Advanced Medical Solutions gets US approval for LiquiBand XL

The AIM-traded firm said the device has been used successfully on a variety of orthopaedic procedures in multiple territories since its European approval in 2021

Advanced Medical Solutions Group (AIM:AMS), a specialist in tissue-healing technologies, said it has received approval in the United States for LiquiBand XL, which it described as a new device that can close longer wounds than existing LiquiBand products.

Product launch in the US market is expected in the third quarter of 2022.

The AIM-traded firm said the device has been used successfully on a variety of orthopaedic procedures in multiple territories since its European approval in 2021.

Shares were up 2.13% to 283.40p today.