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Leading Boston hospital implants ReShape Balloon; shares up 12%

Published 07/10/2018, 10:00 AM
© Reuters.  Leading Boston hospital implants ReShape Balloon; shares up 12%
RSLS
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  • Thinly traded nano cap ReShape Lifesciences (RSLS +11.9%) is up a healthy 31x surge in volume on the heels of is announcement that Boston's Brigham and Women's Hospital has implanted its first ReShape Balloon for the treatment obesity.
  • The balloon is placed in the stomach, then filled with saline, giving the patient the feeling of fullness, reducing food intake and promoting weight loss.
  • Now read: Summit nabs .5M grant to support development of new antibiotics; shares up 11% premarket


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