Nanosonics Limited confirmed that it has established conformity of the trophon2 to European Union Requirements after it received the regulatory approvals in the USA and Canada for its 2nd generation trophon system, trophon2. There will be a a comprehensive review undertaken of the trophon2 technical documentation by its European notified body. It is expected that the newly CE-marked trophon2 will be launched in Europe in the first quarter of the 2019 financial year, in a similar timeframe to the USA and Canada.
This is a significant step for NAN’s growth as it will enable the Nanosonics to launch trophon2 for customers in both North America as well as Europe in the same time frame. This new system, the trophon2 will deliver a range of exciting new customer-focused features including new capabilities that were specifically developed based on feedback from the European market. Currently, the new trophon2 is currently being introduced into manufacturing. The company focuses on to increase its marketing and distribution team and expand its infrastructure across the globe. NAN’s trophon adoption is becoming the first choice of customer and growing rapidly around the world. The stock price declined marginally by 0.3 per cent and traded at $3.29 (as on 27 June 2018 15:37 PM AEST).
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