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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 |
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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