Resmed tanks overnight on trial failure

Livewire Equities

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The SMH reports that "Medical device maker ResMed has said a major clinical trial that sought to show its sleep therapy products protected heart attack victims, actually put their lives at further risk. The shock clinical trial result will be a major disappointment for ResMed investors who were counting on a positive result to open the door for the company to play a role in the treatment of heart failure, which costs the US government alone $US35 billion each year. (VIEW LINK)


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