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Creo Medical Shares Fall After Announcement Of US HQ

Updated: 16 Jul 2021

Creo Medical Group's (LON: CREO) shares are down on Friday following the announcement that it has opened its United States headquarters at the Summit, Danbury, Connecticut, USA.

The AIM-listed medical device firm said the space is designed to support Creo's global growth and focus in the key United States market.

The new headquarters has a learning centre and a fully equipped laboratory for clinical development and training purposes.

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Craig Gulliford, CEO of Creo, said: “We are delighted and proud to have opened our first United States facility, illustrating our commitment to growth and our focus on the key United States Market.

“These new premises will provide an excellent working environment for our United States team and a platform to attract further talent in this key region of the United States market.”

Despite the upbeat announcement, Creo's share price is down 2.96% on Friday at 180.5p.

Should you invest in Creo Medical shares?

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