(CercleFinance.com) – I.Ceram shares rose sharply on Wednesday on the Paris Stock Exchange in high volumes the day after the announcement of the success of a launch in animal health.
Around 12:00 p.m., the title of the manufacturer of ceramic orthopedic implants climbed 36% in volumes representing more than three times their daily average of the last three sessions.
The company based in Limoges announced last night the success of a first implantation in veterinary clinics of its Céramil BI-Structure implant.
This first surgical indication was carried out on a seven-month-old Border Collie, named ‘Texas’, in the operating room of a clinic specializing in veterinary surgery in Couzeix, in New Aquitaine.
According to the company, the implant composed of a porous ceramic structure, coupled with a smooth joint surface, allowed the animal to regain joint mobility without pain.
From I.Ceram’s point of view, this success opens a new path for development in animal health, supporting its strategy of extending the use of its disruptive technologies to markets less constrained by regulations.
According to André Kerisit, the founder and president of I.Ceram, this approach should make it possible to accelerate value creation by promoting faster arrival of the company’s products on the market.
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