BUZZ-Trinity Biotech rises on glucose monitoring system data

Reuters

01-28

BUZZ-Trinity Biotech rises on glucose monitoring system data

** Shares of biotech firm Trinity Biotech TRIB.O rise ~56% to $1.18

** TRIB says its next-generation continuous glucose monitoring (CGM) system showed superior signal quality, enhanced reliability and breakthrough accuracy compared to previous sensors

** CGM is for people with Type 1 and Type 2 diabetes aged 18 years and older

** Co plans to file for regulatory approval in EU in 2025 and in U.S. in 2026

** TRIB fell 60% in 2024

(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

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