Sanara MedTech (SMTI) falls 6.58% to Close at $24.29 on January 14

Equities Staff  |

Today, Sanara MedTech Inc Inc’s (NASDAQ: SMTI) stock fell $1.71, accounting for a 6.58% decrease. Sanara MedTech opened at $26.00 before trading between $26.00 and $23.94 throughout Friday’s session. The activity saw Sanara MedTech’s market cap fall to $185,382,349 on 31,425 shares -above their 30-day average of 19,965.

About Sanara MedTech Inc

With a focus on improving patient outcomes through evidence-based healing solutions and services, Sanara MedTech Inc. markets and distributes wound and skin care products and is seeking to offer wound care and dermatology virtual consultation services via telemedicine to physicians, hospitals, clinics, and all post-acute care settings. Sanara's products are primarily sold in the North American advanced wound care and surgical tissue repair markets. Sanara MedTech markets and distributes CellerateRX® Surgical Activated Collagen® to the surgical markets as well as the following products to the wound care market: BIAK?S™ Antimicrobial Skin and Wound Cleanser, BIAK?S™ Antimicrobial Wound Gel, BIAK?S™ Antimicrobial Skin and Wound Irrigation Solution, and HYCOL™ Hydrolyzed Collagen Powder and Gel. The company is constantly seeking long-term strategic partnerships with a focus on products and technologies that improve outcomes at a lower overall cost. In addition, Sanara is actively seeking to expand within its six focus areas of wound and skin care for the acute, post-acute, and surgical markets. The focus areas are debridement, biofilm removal, hydrolyzed collagen, advanced biologics, negative pressure wound therapy adjunct products, and the oxygen delivery system segment of the healthcare industry.

Visit Sanara MedTech Inc's profile for more information.

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To get more information on Sanara MedTech Inc and to follow the company's latest updates, you can visit the company's profile page here: Sanara MedTech Inc's Profile. For more news on the financial markets be sure to visit Equities News. Also, don't forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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