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BUZZ-IceCure Medical falls after FDA delays decision on breast cancer treatment system

Reuters
2025/03/21
BUZZ-IceCure Medical falls after FDA delays decision on breast cancer treatment system

** Shares of Israel-based medical device maker IceCure Medical ICCM.O fall 17% to $1.22 in afternoon trading, their biggest one-day percentage fall in more than a year

** ICCM says it expects the FDA to make a decision on its ProSense system, used for the treatment of a type of breast cancer, after Q1 2025

** Co previously expected FDA's decision by Q1 2025

** Co's ProSense provides a minimally invasive treatment option to destroy tumors by freezing them

** ICCM has risen 19.4% in the past 12 months

(Reporting by Siddhi Mahatole)

((siddhi.mahatole@thomsonreuters.com))

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