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4 stories mentioning ASX:ARXUpdated 23h ago

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Asia

Aroa Biosurgery Says Study Interim Results Show Low Infection Rates, No Adverse Events Related to Myriad Products

Aroa Biosurgery (ASX:ARX) interim results from its study, which included 411 patients enrolled in the MASTRR Registry across 10 US centers and representing 474 soft tissue defects, reported low infection rates and no adverse events related to its Myriad products, according to a Friday Australian bourse filing.The ongoing prospective observational study is evaluating the real-world safety and performance of the Myriad Matrix and Myriad Morcells products across a range of complex soft tissue reconstruction procedures. The interim results were published in Advances in Therapy.Deep tissue infection occurred in only 0.7% of patients and superficial infection in 2.9%, according to the results. No infections were attributed to Myriad products, over a median follow-up period of 27 weeks. Across the 474 defects, the median number of Myriad product applications was one.Over 550 patients have been enrolled, and the registry is approved to enrol up to 800 patients across 15 sites in the US.Its shares rose 1% in recent trading on Friday.

ASX:ARX
Asia

Aroa Biosurgery Appoints Chief Commercial Officer

Aroa Biosurgery (ASX:ARX) appointed Michael Lynskey as chief commercial officer, according to a Tuesday Australian bourse filing.The company's shares fell 2% in recent Tuesday trade.

ASX:ARX
Asia

Aroa Biosurgery Says Randomized Controlled Trial for Symphony Product Meets Primary Endpoint

Aroa Biosurgery (ASX:ARX) said its randomized controlled trial for its Symphony product, designed for hard-to-heal wounds such as diabetic foot ulcers and venous leg ulcers, met its primary endpoint on completion, and it expects the study to be published by the third quarter of fiscal 2027, according to a Tuesday Australian bourse filing.The US Centers for Medicare & Medicaid Services (CMS) proposed to maintain the 2026 payment framework for outpatient skin substitute products in 2027, including the current single payment rate of $127.14 per square centimeter.The change to outpatient skin substitute reimbursement with the implementation of the single payment rate on Jan. 1 led to a major disruption in the market "due to price compression and more patients being treated in the hospital outpatient department rather than other sites of care," the filing added.The proposal to maintain the current payment framework for 2027 provides market clarity, and the firm believes "Symphony is well placed as the market re-establishes itself, supported by responsible pricing," Aroa Chief Executive Brian Ward said.Its shares declined 1% in recent trading on Tuesday.

ASX:ARX
Asia

Aroa Biosurgery CFO Resigns

Aroa Biosurgery (ASX:ARX) said James Agnew resigned as its Chief Financial Officer to pursue another opportunity, according to a Thursday Australian bourse filing.Agnew will remain with the firm until the end of November.

ASX:ARX

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