Elbit Medical Technologies Ltd. (EMTC) advanced to the highest in two weeks after the company with stakes in medical-device manufacturers said a unit expects to get permission in 2014 to market a product in the U.S.
Shares of the Tel Aviv-based company surged 4.7 percent to 0.133 shekel at 11:59 a.m. in Tel Aviv.
Elbit Medical said Gamida Cell expects to get approval during 2014 to market its StemEx drug, for the treatment of leukemia and lymphoma, in the U.S. Elbit has a 30.8 percent stake in Gamida.
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