Picard Medical, Inc. (PMI), Tuesday announced its decision to incorporate an additional design component of an FDA-cleared accessory, CPC1 "Connector Covers", into its SynCardia Total Artificial Heart design, improving patient safety and quality of life.
The CPC Connector Covers are expected to offer an extra layer of protection over the metal release buttons that are found on the STAH CPC connectors which externally connect SynCardia Drivers to the two pneumatic drive cannulas of the STAH ventricles.
The rollout is expected to be incorporated into standard clinical practice for patients in the U.S. starting January 15, 2026.
In the pre-market hours, PMI is trading at $1.69, up 0.42 percent on the New York Stock Exchange American.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.