InnoTherapy, Vice President Moon In-geun Purchases 3,000 Shares of Company Stock
[Asia Economy Reporter Hyungsoo Park] Innotherapy announced on the 7th that Vice President Moon In-geun purchased 3,000 shares of the company’s stock on the open market. The total number of Innotherapy shares held by Vice President Moon has increased to 20,400 shares.
Based on confidence that the company will grow by negotiating insurance reimbursement for the new substance-equipped Class 4 medical device ‘InnoSeal Plus’ and completing confirmatory clinical trials for the enhanced sealing power device ‘InnoSeal Plus DL,’ the company proceeded with the stock repurchase. This is interpreted as a strong will to enhance corporate value.
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A company official stated, "Vice President Moon In-geun has shown his commitment to increasing shareholder and corporate value by purchasing company shares when temporary stock price adjustment factors occur." He added, "This year, based on concrete achievements, we will strengthen IR activities targeting institutional investors and actively communicate with investors."
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