Rhinomed shares are attracting attention as it releases plans to partner with Fitness First for distribution of consumer product

Livewire Equities

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Rhinomed shares are attracting attention as it releases plans to partner with Fitness First for distribution of consumer product. In a release today Rhinomed said, The Company will work with the Fitness First network nationallyto use, demonstrate and promote its innovative Turbine technology, which enables improved airflow and easier breathing. Life Science analyst @morgans has highlighted increased interest in the healthcare sector. I mentioned in the morning meeting that the Healthcare and Life Science sector was showing strong signs of rising investor interest. If you look at our Morgan's Index below below both prices and volumes are picking up across our coverage universe. At the larger end of the market Healthscope is sparking interest, together with Japara and Virtus. The deal announced by Rhinomed has seen the shares rise 10% today and taking their gains in the past week to nearly 70%. Read the release here: (VIEW LINK)


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