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Cuprina Holdings Soars 15.6% on MENA Expansion
Generated by AI AgentAinvest Pre-Market Radar
Thursday, Jun 5, 2025 8:06 am ET1min read
On June 5, 2025, Cuprina Holdings surged 15.6% in pre-market trading, marking a significant rise in its stock price.
Cuprina Holdings has made substantial strides in expanding its operations in the Middle East and North Africa (MENA) region. The company recently completed the setup of a new laboratory in Saudi Arabia, which will serve as a regional production and supply hub for its MEDIFLY chronic wound therapy. This facility is expected to enhance Cuprina's market presence and generate new revenue streams in the MENA region.
In addition to the laboratory, Cuprina MENA Co. Ltd, a 49% owned associate of Cuprina Holdings, has secured exclusive rights to market and distribute medicinal leeches throughout the Gulf Cooperation Council (GCC) countries. This strategic move is aimed at leveraging the therapeutic benefits of medicinal leeches in reconstructive surgery, veterinary applications, and the treatment of various medical conditions.
These developments underscore Cuprina Holdings' commitment to expanding its biomedical product offerings and strengthening its position in the global market. The company's focus on natural source materials and adherence to international medical device standards position it well for future growth and innovation.
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