CHF Solutions: Gains on acquiring medical device technology

Vasamed

05/09/2018 14:24

** Medical device maker's shares  CHFS.O  up 8.4 pct at
$1.29 premarket 
    ** Company has acquired AcQtrac system technology from
Vasamed  VSMD.PK 
    ** AcQtrac system is a device designed to measure cardiac
and hemodynamic parameters  urn:newsml:reuters.com:*:nGNX1rMxmH
    ** Company says will evaluate additional product
development, seek regulatory clearance before technology becomes
available for commercial use
    ** Stock has plunged ~66 pct this year

 (Reporting by Amy Caren Daniel in Bengaluru)
 ((Reuters Messaging:
Amy.CarenDaniel.thomsonreuters.com@reuters.net))