Cardica (CRDC) Sees Continued Momentum
Up)
After rising 49% yesterday on news, Cardica Inc. (Nasdaq: CRDC) is up another 35% today. Volume is more than 3x normal already.
The stock could be getting a lift from Intuitive Surgical, Inc. (ISRG) great earnings results.
Yesterday, Cardica announced that the full results of the PAS-Port system multi-center pivotal trial, known as the EPIC trial, were published in the July issue of the peer-reviewed publication The Journal of Thoracic and Cardiovascular Surgery. "The data published this month confirm that the PAS-Port system produces comparable patency, saves approximately five minutes per connection and eliminates the need to clamp the aorta required for hand-sewn connections," commented John D. Puskas, M.D., chief of cardiac surgery at Emory Crawford Long Hospital in Atlanta and principal investigator of the EPIC trial.
The stock could be getting a lift from Intuitive Surgical, Inc. (ISRG) great earnings results.
Yesterday, Cardica announced that the full results of the PAS-Port system multi-center pivotal trial, known as the EPIC trial, were published in the July issue of the peer-reviewed publication The Journal of Thoracic and Cardiovascular Surgery. "The data published this month confirm that the PAS-Port system produces comparable patency, saves approximately five minutes per connection and eliminates the need to clamp the aorta required for hand-sewn connections," commented John D. Puskas, M.D., chief of cardiac surgery at Emory Crawford Long Hospital in Atlanta and principal investigator of the EPIC trial.
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