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Monday, 05/21/2007 11:03:01 AM

Monday, May 21, 2007 11:03:01 AM

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Luna Receives FDA Approval for Device
Monday May 21, 9:47 am ET
Luna Innovations Receives Food and Drug Administration Approval for EDAC Quantifier

ROANOKE, Va. (AP) -- Luna Innovations said Monday the Food and Drug Administration approved its EDAC Quantifier.
The device is designed to detect gaseous emboli, air bubbles or solid matter, that can enter the blood system during invasive medical procedures including cardiopulmonary bypass surgery. The device is available immediately, the company said.

Shares of Luna spiked $1.74, or 58 percent, to $4.74 in morning trading. The stock has ranged from $2.87 to $6.66 over the past year.

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