Shorter procedure times, fewer wound complications, reduced post-surgical care cost. All hot buttons for medtech investors, so it seems
Financial
Boost for Benvenue Medical with $60 Million Financing
New money should keep foot on accelerator with commercialisation efforts of new spinal technologies
Cohera Brings in $50M to Fund Commercialization
Proving the lure of an innovative, FDA approved technology
Next Gen Lung and Heart Device Company XENiOS® Sees New Investment
XENiOS® receives cash infusion from existing investors to expand commercial operations in US and Europe
Starks Retires, Replaced by Rousseau at St. Jude Helm
There’s a high degree of continuity built into St. Jude’s succession plan, Michael Rousseau having been around since 1999 and COO since last year
$12M Funding Will Support Expansion of Providence Medical’s Tissue-Sparing Cervical Spine Device Portfolio
New financing will accelerate R&D and accelerate global sales and marketing capabilities
Losses Grow in Q2 for ReWalk Robotics
It looks like ReWalk is enduring that tricky period for any nascent device company, where sales grow, but expenses grow more
Moximed Springs Forward with New $33M Financing Round
Further investment will support Moximed’s efforts to obtain FDA approval of its KineSpring System as well as accelerate its European commercialization
InVivo’s Cash Should Take it Through to Q4 2016
Recent acceleration of its clinical program suggests the spinal solutions company is back on track
Bard Grows Revenue and Income in Q1
U.S. sales growth more than compensates for currency-driven hit on OUS revenue
Reverse-Splits for EndoBarrier Maker Stock
Another storm-weathering exercise sees GI Dynamics reverse-splitting its stock on a 1:10 basis as it attempts to shore up its ailing share price
Precision Spine Talks Up Future
Precision Spine, Inc. says it has finalized a major financial agreement that will enable the company to refinance its existing debt and pursue strategic acquisitions.
St.Jude on the Money in Q4
Preliminary revenue results for St. Jude’s fourth quarter see it expecting to report overall net sales growth with starring performances from Atrial Fibrillation
Steadying the Ship at ConMed: 2014 Results and 2015 Guidance
Achieving your guidance goals is one thing, and while the mood music is reassuring, there remains a big and expensive job to do.
New Money Will Get Claret’s Sentinel™ Stroke Protection Device Through Study
It’s full steam ahead for Claret Medical as it announces Series B financing that will take it a long way down the road to US FDA approval, assuming its pivotal study goes to plan.
Volcano Trims Revenue Guidance, But At Least Buries Hatchet with St. Jude
Volcano’s revenue guidance is well down on last quarter, although the company says it’s actions to reduce costs will mean the bottom line looks unchanged.