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LBT soars after US FDA approves its plate assessment system

Simon Evans
Simon EvansSenior reporter
Updated

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Shares in medical technology firm LBT Innovations surged on Monday after the company received an important approval from the United States.

The group is headed by Brent Barnes, who joined as chief executive in August after 11 years at Cochlear, the cochlear implant firm which has a market capitalisation of $8 billion.

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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com

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    Original URL: https://www.afr.com/companies/healthcare-and-fitness/lbt-soars-after-us-fda-approves-its-plate-assessment-system-20161010-grylcs