October 22, 2018 / 5:58 PM / 8 months ago

BUZZ-Helius Medical: Jumps on Canada nod for PoNS device

** Helius Medical jumps ~14 pct after its medical device gets marketing clearance from Health Canada

** The PoNS device, combined with physical therapy, is used to improve balance in patients with traumatic brain injury

** BTIG says the timing of approval is ahead of its anticipated timeline and is an accomplishment that increases confidence around FDA clearance

** Stock is on track for its best one-day jump since May and cuts YTD losses to ~19 pct (Reporting by Savio D’Souza)

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