Bottom Fish Stocks (between .10 and$10)

[Katfish]

HNSN - 1.24 Already up to 1.40/1.41 in pre-market.

Hansen Medical Jumps Pre-Bell as FDA Clears Modified Rail for Magellan Robotic System, Enabling U.S. Commercial Availability for Transport System



08:48 AM EDT, 08/27/2014 (MT Newswires) -- Hansen Medical (HNSN) shares rose in Wednesday's pre-market session, after the developer of products and technology for catheters said it received U.S. Food and Drug Administration 510(k) clearance for a modified rail for its Magellan Robotic System, enabling the company to begin commercial introduction of the Magellan Transport System in the U.S.

The company said it anticipates commercialization of the Magellan Transport System, which is designed to move the Magellan robotic arm between procedure rooms, in Q3 of fiscal 2014.

"The Magellan Transport System will facilitate greater utilization throughout a hospital by enabling the Magellan robotic arm to be shared among different procedure rooms that are equipped to support the robotic system," the company said. "These capabilities will allow the Magellan Robotic System to be a shared resource, giving multiple physician specialties access in several settings."

Hansen Medical said it will also be seeking regulatory clearances to market the Magellan Transport System in Europe.

HNSN was up 11% at $1.38 in recent pre-market trading, in a 52-week range of $1.10 to $2.89.

Price: 1.38, Change: +0.14, Percent Change: +11.29

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