IceCure Medical jumps nearly 300% in two days on US deal

The company announced yesterday that US medical insurance company HCSC is providing coverage from June 15 for its IceSense3 system.

The share price of IceCure Medical Ltd. (TASE: ICCM) rose 112% yesterday and is up a further 158% so far today at NIS 0.09. The company announced yesterday that US medical insurance company HCSC is providing coverage from June 15 for its IceSense3 system's cryoablation procedure for the removal of breast cancer tumors.

HCSC has 13 million members - 5% of the US medical insurance market.

Published by Globes [online], Israel business news - www.globes-online.com - on June 19, 2013

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

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