ResMed’s heart failure trial disappoints

A disappointing clinical trial result has wiped some shine from ResMed's share price but the case to Hold remains.

In our update on ResMed’s recent third-quarter result we warned that there would be some fireworks in ResMed’s share price when the results of its SERVE-HF clinical trial were to be announced later this year. Well they’ve been reported early and the news is not good.

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