ReNerve (ASX:RNV) received marketing approval for its NervAlign Nerve Cuff product in Thailand, according to a Tuesday filing with the Australian bourse.
The NervAlign Nerve Cuff product is designed to safeguard repaired nerves and promote regeneration during the healing process following peripheral nerve injuries, the filing said.
The company also received an initial stocking order for NervAlign Nerve Cuff from its first hospital customer in Hong Kong, per the filing.
Shares fell 4% in midday trade Wednesday, and earlier hit an all-time low.