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Stock impact report

PAVmed FDA Approval, And Other News: The Good, Bad And Ugly Of Biopharma [Seeking Alpha]

PAVmed Inc. (PAVM) 
US:NASDAQ Investor Relations: ir.pavm.com
Company Research Source: Seeking Alpha
SummaryPAVmed's carpal tunnel syndrome device CarpX is approved.Prothena's Parkinson's study flops, taking the stock down.Mallinckrodt's kidney failure drug application is accepted by the FDA.PAVmed Receives FDA Approval for Carpal Tunnel DevicePAVmed (PAVMThe CarpX clinical safety study involved twenty patients who underwent minimally invasive carpal tunnel release and achieved the pre-specified effectiveness endpoint of endoscopic confirmation of complete division of the transverse carpal ligament. Post operative follow up rate at two week and 90 days were 100 percent and 95 percent, respectively. All the patients who completed follow up also met primary safety endpoint of no serious device related adverse events.CarpX is designed to treat carpal tunnel syndrome in a reduced recovery time. It works by mimicking the anatomic results of invasive carpal tunnel surgery. Lishan Aklog, M.D., PAVmed's Chairman and Chief Executive OfficersaidCarpX procedure involves 5 to 10 mm keyhole incis Show less Read more
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