Synopex(025320) is surging 14% on the 11th on news that it received approval for a hemodialysis machine (HD) from the Ministery of Food and Drug Safety.
As of 9:31 a.m. that day, Synopex is trading on the KOSDAQ market at 4,680 won, up 575 won (14.01%) from the previous session.
That day, Synopex said it obtained formal item approval (Jeheo 26-478) from the Ministery of Food and Drug Safety for the HD it developed as the first in Korea.
Kang Chang-ho, head of hemodialysis sales at Synopex, said, "This Ministery of Food and Drug Safety item approval for the hemodialysis machine is a starting point for establishing medical sovereignty in the domestic hemodialysis medical device field that had relied on overseas," adding, "Along with the hemofilter and the water purifier for hemodialysis machines released to the market, we will prepare for mass production of the hemodialysis machine."
Meanwhile, Synopex is a KOSDAQ-listed advanced materials and components company that focuses on flexible printed circuit boards (FPCB) and nano membrane filters and is promoting the localization of hemodialysis medical devices.