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CryoLife, Inc. (CRY) Receives FDA 510(k) CLearance for PerClot; Files Suit Against Bard

April 29, 2014 8:16 AM EDT

CryoLife, Inc. (NYSE: CRY) announced that it has received 510(k) clearance for PerClot Topical hemostatic powder from the U.S. Food and Drug Administration (FDA). This clearance allows CryoLife to begin commercialization of PerClot Topical hemostatic powder in the U.S. The Company plans to begin shipping PerClot Topical hemostatic powder in June of this year.

"We are pleased to have received 510(k) clearance for PerClot Topical in the U.S.," stated Steven G. Anderson, CryoLife president and chief executive officer. "We expect to begin commercialization efforts in June and to... More