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Medigus Surges Most Since 2009 on FDA Approval Request

Medigus Ltd. surged the most since August 2009 after the company said it will seek U.S. Food and Drug Administration approval to market its SRS device for the treatment of gastro-esophageal reflux disease.

The shares of the devloper of endoscopic procedures and devices rose 22 percent, the most since Aug. 3, 2009, to 0.734 shekel at the 4:30 p.m. close in Tel Aviv.

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