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Nemaura Medical Inc - NMRD STOCK NEWS

Welcome to our dedicated news page for Nemaura Medical (Ticker: NMRD), a resource for investors and traders seeking the latest updates and insights on Nemaura Medical.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nemaura Medical's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nemaura Medical's position in the market.

Rhea-AI Summary
Nemaura Medical Inc. (NMRD) to Move from Nasdaq to OTC Markets: Strategic Decision and Future Outlook
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-31.91%
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none
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Rhea-AI Summary
Nemaura Medical Inc. (NASDAQ: NMRD) has been granted continued listing on The Nasdaq Capital Market until April 1st, 2024, by the Nasdaq Hearings Panel. The company is focused on developing a non-invasive glucose sensor and digital healthcare programs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.57%
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none
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Rhea-AI Summary
Nemaura Medical Inc. (NMRD) secures a $10 million credit facility to support strategic growth plans, minimizing dilution and preserving shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.93%
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none
Rhea-AI Summary
Nemaura Medical: UK Launches Groundbreaking Metabolic Health and Weight Management Program Integrating Continuous Glucose Monitoring and GLP-1 Agonists
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.08%
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none
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Rhea-AI Summary
Nemaura Medical, Inc. (Nasdaq: NMRD) released its financial results for the quarter ended September 30, 2023, and provided a business update. The company continued to support its UK licensee for sensor reimbursement, advanced development of BEATdiabetes, and received approval for marketing sugarBEAT in Saudi Arabia. Financially, R&D expenses increased, while net loss decreased, with cash and cash equivalents at approximately $4.4m.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.08%
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Rhea-AI Summary
Nemaura Medical appoints Nikolai Rozanov as strategic adviser in AI development, solidifying the company's expertise in the growing AI sector. This will allow for the integration of data from its CGM to create tailored programs and personalized recommendations. AI-based models have a vital role in the healthcare and lifestyle sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.39%
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management AI
Rhea-AI Summary
Nemaura Medical CEO to present business updates at Maxim Group conference
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Rhea-AI Sentiment
End-of-Day
1.2%
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conferences acquisition
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Rhea-AI Summary
Nemaura Medical, Inc. provides update on compliance with Nasdaq listing standards, anticipates delisting determination after grace periods expire. Company plans to request a hearing before a Nasdaq Hearings Panel for possible extension. Continues to focus on business expansion and product launch in Saudi Arabia.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
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Rhea-AI Summary
Nemaura Medical announces interim results from its metabolic health program, showing weight loss of 2.9KG on average after 20 weeks. Retention rate of 32.5% and 64% of active participants likely to continue the program. Company plans to offer low-cost CGM-embedded program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
28.86%
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none
Rhea-AI Summary
Nemaura Medical to participate at HLTH 2023 conference, showcasing their wearable diagnostic device and diabetes management program integration
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.5%
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Nemaura Medical Inc

Nasdaq:NMRD

NMRD Rankings

NMRD Stock Data

2.46M
14.84M
48.62%
4.41%
0.18%
Surgical and Medical Instrument Manufacturing
Manufacturing
Link
US
New York

About NMRD

nemaura medical inc., a medical technology company, discovers, develops, and commercializes diagnostic medical devices. the company provides sugarbeat, a non-invasive continuous glucose monitoring device for use by persons with type i and type ii diabetes, as well as for screening pre-diabetic patients. it has a license agreement with healthimation, llc, which licenses the company to make, have made, use, offer to sell, sell, and import intensive medical diabetes and weight management program for type 2 diabetes, prediabetes, and general wellness; the why wait app; and common law trademarks which incorporate the mark why wait or whywait and the use of licensed marks. nemaura medical inc. was founded in 2009 and is based in new york, new york.