SI-Bone Shares Up After Receiving FDA Approval for Expanded Device Use
By Rob Curran
Shares of SI-Bone rose after the medical-device maker received clearance from the Food and Drug Administration to market its bone-implant device for more indications and applications.
Shares ticked up to $20.60 in premarket trading.
The Santa Clara, Calif, firm said it received 510(K) premarket clearance for its iFuse Bedrock Granite implant in a smaller diameter, with an indication for pediatric patients and expanded application.
SI-Bone's technology is used to treat muscular-skeletal disorders, as part of spinal fusion treatments.
Write to Rob Curran at rob.curran@wsj.com
(END) Dow Jones Newswires
January 30, 2024 09:10 ET (14:10 GMT)
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