After surging from 57.7 cents yesterday, Occupational & Medical Innovations (OMI.AU) extends rally, advancing 11%. Latest up 3.1% at 82.5 cents. Investors warming to news that U.S. Patent & Trade Marks Office to grant final patent to OMI for a single use syringe - a process that could take 3-6 months, it says. Investors now looking for confirmation from OMI that its syringe manufacturer in China can reliably supply high quality product, plus sales. OMI share price likely retarded until this happens, with current rally likely having little upside.
ICU Price at posting:
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