Marketing Approval in Thailand & Initial Sales in Hong Kong
Released
Released
Announcement PDF
ASX Announcement
11 March 2025
ReNerve Limited Asian Market Update – NervAlign® Nerve Cuff
Marketing Approval in Thailand & Initial Sales in Hong Kong
Highlights:
• ReNerve has received marketing approval for its NervAlign® Nerve Cuff for use in Thailand.
• The Company will now work with its partners in Thailand to launch the product in the region.
• ReNerve has received an initial stocking order from a hospital in Hong Kong – its first purchase from a
hospital in the area.
ReNerve Limited (ASX:RNV) (“ReNerve” or “the Company”), an Australian biotechnology company developing
novel peripheral nerve repair products, is pleased to announce that it has received marketing approval for its
NervAlign® Nerve Cuff product in Thailand. ReNerve will now work with its local partner to launch the product in
Thailand, which has a total population of over 70 million people and is popular for medical tourism.
ReNerve has also recently received an initial stocking order for the NervAlign® Nerve Cuff from its first hospital
customer in Hong Kong. This will be an important first use in the region of the product, which is ideal for treating
transection, compression, and stump neuroma PNI’s.
Commenting on the approval in Thailand, ReNerve CEO, Dr Julian Chick, stated: “The approval in Thailand is
another step forward in the development of ReNerve’s operations in Asia and our plans to expand beyond the US.
The initial order in Hong Kong is a significant milestone in that market and will serve as a reference for ongoing
sales in the region."
The NervAlign® Nerve Cuff
ReNerve’s NervAlign® Nerve Cuff product is designed for the protection of repaired nerves and the regeneration
of nerves during the healing process after PNI. The product is unique as it protects the nerve while healing, but is
also naturally absorbed within 6 months, leaving only regenerated repaired tissue. The medical properties of the
NervAlign® Nerve Cuff make it appropriate for a range of different types of surgeries including plastic surgery.
Thailand is a destination that is known for medical tourism, with plastic surgery being one of the leading reasons
that prospective patients travel there.
The NervAlign® Nerve Cuff has been used for a broad range of reconstructive and nerve repair surgeries,
including where nerve injury has occurred, or where nerve protection and regeneration is required during the
healing process. The NervAlign® Nerve Cuff has been used by surgeons in breast augmentation and
reconstructions, gender reassignment surgeries, as well as trauma and reconstructive surgery and revision
surgeries in extremities.
This announcement has been approved for release by the Company’s Board of Directors.
+61 (03) 9482 3940
157 Heidelberg Rd,
Northcote, VIC 3070
www.renerve.com.au
- ENDS -
For further information and enquiries, please contact:
Dr Julian Chick
CEO & Managing Director
ReNerve Ltd
+61 (03) 9482 3940
info@renerve.com.au
Jane Morgan
Investor & Media Relations
Jane Morgan Management
+61 (0) 405 555 618
info@janemorganmanagement.com.au
About ReNerve Limited
ReNerve Limited (ASX:RNV) is a medical device company specialising in advanced nerve repair and regeneration
solutions. The Company is focused on commercialising cutting-edge medical devices and tissue-engineering
products that seek to address significant unmet needs for patients with peripheral nerve damage – a critical gap
in healthcare. ReNerve aims to improve patient outcomes through scientifically backed products that have been
developed to enhance the human body's natural healing process, while commercialising cutting-edge, scalable
products for the healthcare market. ReNerve wishes to acknowledge AusIndustry’s Accelerating
Commercialisation program for its support through many of the activities required to commercialise the
NervAlign® Nerve Cuff.
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