UPDATE 1-FDA clears Medtronic cervical disc
* FDA cleared Medtronic's cervical disc on May 12, 2009
* Shares up 1 pct
CHICAGO, May 27 (Reuters) - The U.S. Food and Drug Administration said it approved Medtronic Inc's (MDT.N: Quote, Profile, Research) artificial cervical disc, a titanium and polyurethane device that fits between adjacent neck bones to replace a diseased or bulging cervical disc that often causes neck pain.
The FDA cleared the device, called Bryan, on May 12, 2009, the agency said on its website on Wednesday.
The disc is designed to stabilize the spine. Unlike the conventional fusion procedure, the device allows motion.
The patient should have failed at least six weeks of conservative therapy before receiving the device, the FDA announcement said.
Medtronic was not immediately available to comment.
Shares of Medtronic were up 1 percent, or 31 cents, at $33.87 in midday New York Stock Exchange trade.
© Thomson Reuters 2009 All rights reserved
Dubai Debt Fears
Investors recoiled from risky assets and dumped shares in Asian banks and builders, fearing a debt default could reignite the financial turmoil. Full Article
India Investment Summit 2009
Top executives and bankers discuss their own plans and the broader opportunities and challenges for India. Full Coverage




India
US
UK










