Abbott (NYSE:ABT) today announced two new clearances from the U.S. Food and Drug Administration (FDA) for the company’s industry-leading life support system. With the new indication, the CentriMag Blood Pump for use with the CentriMag™ System, is now cleared for longer-term use in adults when extracorporeal membrane oxygenation (ECMO) – a type of life support for people whose heart and lungs are not working – is critical to saving their life. Now, the clearance for longer-term support allows physicians more time to assess next steps and make critical care decisions for their patients.
Barclays Maintains Equal-Weight on Coinbase Global, Raises Price Target to $57
Barclays analyst Benjamin Budish maintains Coinbase Global (NASDAQ:COIN) with a Equal-Weight and raises the price target from $45 to $57.