Thursday, June 28, 2012

Synergetics (Nasdaq: SURG) shares jump on nod for eye surgery device

Synergetics (Nasdaq: SURG) shares jump on nod for eye surgery devicePalm Beach, FL 6/28/12 (StreetBeat) -- Shares of Synergetics USA Inc (Nasdaq: SURG) jumped nearly 50 percent on Thursday after U.S. health regulators granted marketing approval for the company's eye surgery device.

The U.S. Food and Drug Administration on Wednesday approved VersaVIT - a device to remove liquid from inside the eye during a surgery.

The company said it was waiting for a similar approval from European health authorities.

Synergetics shares, which have lost nearly 50 percent of their value so far this year, touched a more than one-month high of $5.75 in early trading. The company's stock was the top percentage gainer on the Nasdaq.

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