STOCK TITAN

Avanos Medical Launches New CORGRIP® SR

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Avanos Medical (NYSE: AVNS) has launched its new CORGRIP SR Nasogastric/Nasointestinal Tube Retention System, expanding its Enteral Feeding portfolio. The system features a monofilament thread and is designed to reduce feeding tube dislodgement, which occurs in 40%-63% of tape-secured tubes. Key features include a yellow-tipped retrieval catheter with hollow tip, color-coded clips, printed centimeter markings, and an orange opening tool. The nasal bridle solution aims to improve tube survival rates and reduce complications associated with tube replacement.

Loading...
Loading translation...

Positive

  • New product launch expanding enteral feeding portfolio
  • Addresses significant market need (40-63% dislodgement rate with traditional methods)
  • Product improvements targeting better clinical outcomes

Negative

  • None.

News Market Reaction 1 Alert

+2.97% News Effect

On the day this news was published, AVNS gained 2.97%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Advancement to reduce dislodgement in feeding tube retention systems

ALPHARETTA, Ga., Nov. 5, 2024 /PRNewswire/ -- Avanos Medical, Inc. (NYSE: AVNS) today announced the launch of its newly designed CORGRIP SR Nasogastric/Nasointestinal Tube Retention System, further expanding its comprehensive Enteral Feeding portfolio.

The new CORGRIP SR system, featuring a monofilament thread, is a nasal bridle solution designed to offer numerous advantages over tape. CORGRIP SR is designed to reduce the risk of dislodgement and the complications associated with replacement of nasal tubes.

CORGRIP SR also enhances visibility and flexibility. The product includes several new features, such as a yellow tipped retrieval catheter with a hollow tip, color-coded clips, printed centimeter markings and a unique orange opening tool.

"Research shows that 40%-63% of feeding tubes secured with tape become inadvertently dislodged," says Kerr Holbrook, chief commercial officer. "Using a bridle to secure feeding tubes significantly reduces the incidence of accidental tube removal and improves overall tube survival rates."

Healthcare professionals interested in learning more about CORGRIP SR or scheduling an onsite demonstration are encouraged to visit https://avanosmedicaldevices.com/digestive-health/enteral-feeding/corgrip-sr/

About Avanos Medical, Inc.
Avanos Medical (NYSE: AVNS) is a medical technology company focused on delivering clinically superior solutions that will help patients get back to the things that matter. Headquartered in Alpharetta, Georgia, Avanos is committed to addressing some of today's most important healthcare needs, including providing a vital lifeline for nutrition to patients from hospital to home, and reducing the use of opioids while helping patients move from surgery to recovery. Avanos develops, manufactures and markets its recognized brands globally and holds leading market positions in multiple categories across its portfolio. For more information, visit www.avanos.com and follow Avanos Medical on X (@AvanosMedical), LinkedIn and Facebook.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/avanos-medical-launches-new-corgrip-sr-302296290.html

SOURCE Avanos Medical

FAQ

What is the new product launched by Avanos Medical (AVNS)?

Avanos Medical launched the CORGRIP SR Nasogastric/Nasointestinal Tube Retention System, a nasal bridle solution designed to reduce feeding tube dislodgement.

What problem does CORGRIP SR by Avanos Medical (AVNS) solve?

CORGRIP SR addresses the high rate of feeding tube dislodgement (40-63%) that occurs with tape-secured tubes, reducing the risk of accidental removal and improving tube survival rates.

What are the key features of Avanos Medical's (AVNS) CORGRIP SR system?

CORGRIP SR features a monofilament thread, yellow-tipped retrieval catheter with hollow tip, color-coded clips, printed centimeter markings, and an orange opening tool.
Avanos Medical

NYSE:AVNS

AVNS Rankings

AVNS Latest News

AVNS Latest SEC Filings

AVNS Stock Data

531.50M
44.52M
4.07%
98.38%
5.89%
Medical Devices
Orthopedic, Prosthetic & Surgical Appliances & Supplies
Link
United States
ALPHARETTA