Source link : https://www.newshealth.biz/health-news/obalon-therapeutics-explores-strategic-alternatives-as-coronavirus-hits/

(Reuters) – Obalon Therapeutics said on Wednesday it was exploring financial and strategic alternatives due to the uncertainty regarding COVID-19 and restriction on elective procedures, which have had a direct impact on its business.
The company has engaged Canaccord Genuity LLC as its financial advisor.

Reporting by Trisha Roy in Bengaluru; Editing by Vinay Dwivedi

Our Standards:The Thomson Reuters Trust Principles.

Source link : http://feeds.reuters.com/~r/reuters/healthNews/~3/AZiqLdHExAQ/obalon-therapeutics-explores-strategic-alternatives-as-coronavirus-hits-idUSKBN21C1YB

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Publish date : 2020-03-25 12:54:50

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Author : News Health

Publish date : 2020-03-25 12:54:50

Copyright for syndicated content belongs to the linked Source.