Market Overview

Cardica Advances On Licensing Deal With ISRG

Shares of Cardica Inc (NASDAQ: CRDC) are gaining after the company signed a licensing deal with Intuitive Surgical Inc (NASDAQ: ISRG).

CRDC’s shares jumped 45.78% to $2.42 at 9:48 am.

Cardica’s shares have lost 6.74% over the last week, while moving up 43.10% so far this year.

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