Myomo Inc. reported a 77% revenue surge for the second quarter of 2024. This growth was accompanied by plans for increased manufacturing capacity and market expansion.
The company is focusing on scaling its operations to meet growing demand. This includes investments in manufacturing capabilities to support its strategic expansion initiatives.
This revenue increase reflects the company's progress in its market penetration and product adoption. The expansion plans aim to further capitalize on the market opportunity for its MyoPro device.
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