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CASM: FDA approves expanded label for CAS Medical device

(This tiny med device co. once made me much money when it transitioned from the BB to the NASDAQ. The story has always been about their cerebral oximeter and the new wide label gives this one room to run.-aj)

http://finance.yahoo.com/news/FDA-approves-expanded-label-apf-3880137991.html?x=0&.v=1

BRANFORD, Conn. (AP) -- Medical device maker CAS Medical Systems Inc. said Tuesday regulators approved a labeling expansion for its FORE-SIGHT Cerebral Oximeter so it can be used on all patients, including infants that weigh less than 2.5 kilograms.

The device detects oxygen-saturation changes in brain tissue, "allowing clinicians to quickly react to reverse potentially harmful events before they become critical," the company said in a statement.

The new labeling, approved by the Food and Drug Administration, will allow for monitoring of smaller newborns at risk for intra-ventricular hemorrhage, central apnea and seizures.

Company shares soared 97 cents, or 68 percent, to $2.40 in afternoon trading.