Barron's Goes Bullish On Shares of Electro-Optical (MELA)
Sun. August 23, 2009; Posted: 05:47 PM
Aug 23, 2009 (SmarTrend(R) News Watch via COMTEX) --
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PowerRating -- 8/23/2009-In Barron's most recent publication, the paper said shares of Electro-Optical Sciences (NASDAQ:MELA) could rise 50% if regulators approve its cancer screening device. The computer-assisted device, known as the MelaFind, is expected to aid doctors in the early detection of melanoma, which is the most common type of skin cancer. The New York-based company said the FDA started an expedited review of the device.
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