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BWAY Brainsway Ltd

6.245
0.155 (2.55%)
Last Updated: 20:27:22
Delayed by 15 minutes
Name Symbol Market Type
Brainsway Ltd NASDAQ:BWAY NASDAQ Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.155 2.55% 6.245 6.23 6.26 6.34 6.15 6.15 30,202 20:27:22

Brainsway Shares Rally Premarket on FDA OK of Deep TMS H7 Coil to Treat Depression

29/08/2022 1:56pm

Dow Jones News


Brainsway (NASDAQ:BWAY)
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From Jun 2022 to Jun 2024

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By Colin Kellaher

 

Shares of Brainsway Ltd. jumped more than 20% in premarket trading Monday after the maker of noninvasive neurostimulation treatments said it received Food and Drug Administration approval for the expanded use of its Deep TMS H7 coil for depression in adults.

The Jerusalem company said the approval covers adults with major depressive disorder and depression, including those with comorbid anxiety symptoms commonly known as anxious depression.

The H7 coil has been approved to treat obsessive-compulsive disorder since 2018.

Brainsway shares, which closed Friday at $4.50, were recently up nearly 22% to $5.47 in premarket trading.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

August 29, 2022 08:41 ET (12:41 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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