Streetbeat News

ICCM

IceCure Medical Ltd

https://www.icecure-medical.com

Industry

Medical - Devices

IceCure Medical Ltd, a medical device company, engages in the research, development, and commercialization of medical devices for cryoablation (freezing) of tumors in the human body. It offers ProSense system, a cryoablation solution for the treatment of breast tumors. The company was incorporated in 2006 and is headquartered in Caesarea, Israel.

Open

1.38

Mkt cap

80M

Volume

166K

High

1.44

P/E Ratio

-5.07

52-wk high

1.66

Low

1.38

Div yield

N/A

52-wk low

0.48

IceCure Medical Ltd. (NASDAQ:ICCM) has received a notice from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share. The company has 180 days to regain compliance. The notice does not immediately affect the company's Nasdaq listing or trading.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 8:31 pm

HC Wainwright & Co. has reiterated its Buy rating on Icecure Medical (NASDAQ:ICCM) and maintained a $3 price target.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 10:31 am

IceCure Medical Ltd. (NASDAQ:ICCM) has received FDA clearance for its next-generation XSense Cryoablation System with CryoProbes, a minimally-invasive technology for tumor destruction.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:33 pm

Shares of Nurix Therapeutics (NRIX) surged 12.1% in pre-market trading following positive clinical trial results. Other notable pre-market movers include Scinai Immunotherapeutics (SCNI), Interactive Strength (TRNR), ENDRA Life Sciences (NDRA), and The Aaron’s Company (AAN), which saw significant gains. Conversely, Ovid Therapeutics (OVID) and Kaival Brands Innovations (KAVL) experienced substantial declines.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 12:43 pm

IceCure Medical Ltd. (NASDAQ:ICCM) presented interim data from its ICESECRET kidney cancer trial at the 3rd Annual Israeli Conference on Interventional Radiology. The data showed that the ProSense® System is safe and effective, with an 89.5% recurrence-free rate. More data is expected in Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 12:32 pm

HC Wainwright & Co. analyst Yi Chen has reiterated a Buy rating on Icecure Medical (NASDAQ:ICCM) and maintained a $3 price target.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 11:34 am

IceCure Medical has announced that the FDA will hold an advisory panel meeting to review its ProSense System for tumor cryoablation. This review is a significant step towards potential approval and commercialization in the U.S. market.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:35 pm

HC Wainwright & Co. analyst Yi Chen has reiterated a Buy rating on Icecure Medical (NASDAQ:ICCM) and maintained a $3 price target.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 10:21 am

Icecure Medical (NASDAQ:ICCM) reported Q1 EPS of $(0.08), meeting analyst expectations, but missed sales estimates with $743K, a 4.65% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:45 pm

IceCure Medical (ICCM) is anticipated to receive a total of $13.2M from Terumo during the initial term, including $4M already received, $8.2M upon order completion, and $1M for milestone-based payments.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 12:45 pm

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