Vascular Solutions Says FDA Approves New Device

Stock quotes in this article: VASC  

NEW YORK (AP) — Medical device maker Vascular Solutions Inc. said Monday it recieved Food and Drug Administration clearance to sell the new Guardian II hemostasis valve.

The product is used to reduce blood loss during certain surgical procedures.

Minneapolis-based Vascular Solutions is the exclusive U.S. distributor for the product, which is made by Ireland-based Zerusa Ltd.

Shares of Vascular Solutions rose 7 cents to close at $8.35 Monday.

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