MDVXU stock is a ticker symbol for Medovex Corp, a medical device company that specializes in the development and commercialization of technology-based products for the healthcare market. The company's focus is on the development and commercialization of innovative medical devices for the treatment of spinal disorders.
Medovex has two primary product lines: the DenerveX System and the Streamline IV Suspension System. The DenerveX System is a minimally invasive device used in the treatment of back pain caused by the degeneration of spinal discs. The Streamline IV Suspension System is a unique suspension system that provides a safe and effective way to support intravenous (IV) infusion bags.
Medovex was founded in 2014 and is headquartered in Atlanta, Georgia. The company is dedicated to improving the quality of life for patients suffering from chronic back pain, and its products have received clearance from the U.S. Food and Drug Administration (FDA).
As of September 2021, Medovex was still in the development stage and had not yet reported any revenue. The company's success will depend on the commercialization and adoption of its products, as well as the ability to generate revenue and achieve profitability.
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