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Resonance Health: Receives HepaFat FDA clearance

  • Resonance Health (RHT) has received a key clearance for its HepaFat product from the U.S. Food and Drug Administration (FDA)
  • The product essentially works as a non-invasive medical device which measures the volume fraction of fat in liver tissue
  • This approval from the FDA will also allow Resonance to market HepaFat for commercial distribution in the U.S.
  • The company’s CEO has labeled the 501(k) clearance an “outstanding result”
  • Company CEO Alison Laws also said the clearance is an important milestone for Resonance
  • Shareholders agree, with Resonance shares shooting up 41.9 percent and trading at 22 cents each
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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