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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (1910)9/28/2007 12:38:52 PM
From: Jibacoa  Read Replies (2) | Respond to of 3722
 
NASI Is up 17 % as it is trying to rally from the $0.50 level.<g>

bigcharts.marketwatch.com

It announced that its ClearPath-HDR device has been used in a patient for the first time.<g>

ClearPath is implanted through a single incision and is designed to minimize radiation exposure of nearby healthy tissue.It offers targeted, effective radiation treatment as well as convenience and comfort.(It takes 5 days instead of 8 weeks for external beam radiation therapy.)

ClearPath-HDR is designed to deliver the same positive results of the multiple-catheter approach, and it significantly reduce the patient discomfort associated with the other method.

ClearPath can make APBI a possibility for more patients that were previously not considered good candidates for treatment with balloon brachytherapy products.Its is placed in the patient through a single incision and designed to adapt to the resection cavity.

NASI has received 510k approval from the FDA for both ClearPath-HDR and ClearPath-CR.It estimates that the ClearPath systems will serve an addressable market of more than $500M

The stock is selling around 0.8xBV.Doesn't have significant LTD. The insiders hold > 20% & institutions > 30%

If the stock can get back to the $1 level it would be a nice % gain.<g>

Today's volume is almost 5x its ADV.

bigcharts.marketwatch.com

The H in March 200 was 31.75 <g>

bigcharts.marketwatch.com

Bernard