Polynovo Ltd traded at 1.91 this Friday August 5th, increasing 0.10 or 5.52 percent since the previous trading session. Looking back, over the last four weeks, Polynovo Ltd gained 28.62 percent. Over the last 12 months, its price fell by 13.57 percent. Looking ahead, we forecast Polynovo Ltd to be priced at 1.87 by the end of this quarter and at 1.74 in one year, according to Trading Economics global macro models projections and analysts expectations.

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Indexes Price Day Year
AUALL 7250 42.80 0.59% -7.12%
AU200 7016 40.70 0.58% -6.94%

Polynovo Ltd
PolyNovo Limited is an Australia-based medical devices company. The Company’s principal activity is the development of medical devices for various applications. The Company’s products include NovoSorb Biodegradable Temporizing Matrix (BTM) and NovoSorb technology. BTM is a man-made synthetic polymer that does not contain any biologic materials. BTM is a skin treatment. NovoSorb is a polymer, which is utilizes for the manufacture of novel medical devices, such as Biocompatible polymers. These biocompatible polymers are designed to support different functions of the body and then biodegrade into by-products that can be absorbed and excreted by the body. It can be produced in a range of formats with different mechanical and degradation properties. In addition to NovoSorb BTM, they can be used for thermoplastic extrusions, filaments for weaving or knitting and as a solution for spray or dip coatings of other devices.