InSightec Granted CFDA Approval for Fibroid Treatment Device

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by Richard Daverman, PhD

July 29, 2013 -- InSightec Ltd, an Israeli medical device maker, reported that its ExAblate System was approved for China marketing by the CFDA. ExAblate is a focused ultrasound device combined with continuous MRI imaging that is used to treat uterine fibroids non-invasively. GE Healthcare is majority owner of InSightec and contributed 90% of its $31 million C funding last year. More details....

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