Whatever PR fluff is attached to them, the numbers you see in financial press releases are mostly capable of withstanding forensic scrutiny. For that reason we’re falling back in love with them, despite their rather anodyne nature.
Companies
AtriCure Financials Suggest it’s Making Hay with Ablation and LAA Devices
Atrial Fibrillation device specialist AtriCure, Inc. has announced fourth quarter and full year 2013 financial results showing 16 percent revenue growth for the year. It also looks like the Estech acquisition is working out nicely.
Cook Medical Says Biodesign® Dural Substitute is Ideal CSF Leak Solution
CSF Leakage at the skull base is an occupational hazard for neurosurgeon and otolaryngologist alike. Now Cook Medical has introduced a naturally sourced dural substitute that it claims hits the spot in resolving the troublesome condition.
FDA Clears Covidien’s Puritan Bennett™ 980 Ventilator
Covidien plc has announced its Puritan Bennett™ 980 ventilator has received U.S. FDA 510(k) clearance. The company says its new acute care ventilator is designed to be simple, safe and smart and to enable patients to breathe more naturally than with conventional mechanical ventilators.
Covidien Can Start Pillcam® Sales Now Given Imaging Deal is Done
Two months after announcing the agreement to acquire Given Imaging Ltd., Covidien now tells us it has completed the deal, which means the medtech giant now has a highly complementary range of swallowable endoscopic cameras in its bag.
ulrich medical USA® Touts 3 Years of Double Digit Percentage Sales Growth
Spinal implant maker ulrich medical USA, Inc., is sounding very pleased with itself as it announces another year of outstanding sales growth.
RTI Surgical® Renews Supply/Distribution Agreement with Zimmer’s Trauma Business
Surgical Implant company RTI Surgical Inc. tells us Pioneer Surgical Technology Inc., its subsidiary company, has signed an agreement with Zimmer, Inc. to supply certain products for distribution by Zimmer’s trauma business.
Boston Scientific/Dystonia Europe/European Parkinson’s Disease Association Partnership
Dystonia Europe and the European Parkinson’s Disease Association have announced that they are collaborate with Boston Scientific Corporation to increase awareness, understanding of solutions and to take initiatives in the worldwide fight against Parkinson’s disease and dystonia, two areas of high unmet need.
First FDA Approval for Contact Force-Sensing Atrial Fibrillation Ablation Catheter
Contact force-sensing has become something of a buzz word in cardiac ablation as the benefits of being able to avoid too much or too little contact become apparent. Now Biosense Webster has become the first to get its contact force sensing catheter FDA approved.
More Losses on Horizon Despite Healthy Revenue Growth at Volcano Corp.
Cardio/Vascular device specialist Volcano Corporation has joined the list of companies issuing their fourth quarter and full year results for 2013. Quarterly revenue was up 6 percent on a constant currency basis, but losses increased dramatically as the company accounted for significant restructuring charges in the period.
DJO’s Healthy Revenue Growth Across the Board Tarnished by $107 Million Write Down
The beancounters at DJO have invoked a $106 million write down of goodwill that has somewhat dented the numbers. Nonetheless revenue growing and income healthy, so a string set of numbers.
EndoGastric Solutions Coughs Up but Admits No Wrongdoing
Endoluminal gastroesophageal reflux disease device company EndoGastric Solutions® (EGS) has reached a civil settlement with the U.S. Department of Justice over alleged misuse of procedure codes that will cost it $5.25 million.
Good Year for CryoLife with Growth Across Businesses
Some outstanding sales figures from tissue sealant, hemostat, vascular and preservation services businesses underpin annual revenue growth of 7 percent.
Renal Denervation Systems Still Getting CE Marked for Resistant Hypertension
It’s been pretty quite in Renal Denervation territory since the January bombshell of Symplicity HTN-3 clinical outcomes. Nonetheless, one company, Cordis, has pushed ahead with its CE marking and now been granted its EU approval.
Stryker Launches TREVO® XP PROVUE Clot Retrieval System
Stryker is trumpeting the global launch of its new Trevo® XP ProVue Retriever, expanding its line of stent-based clot retrieval devices with additional shapes and sizes.
Stryker to Acquire Hip Arthroscopy Company, Pivot Medical
Stryker Corporation is to acquire Pivot Medical, Inc., developer of innovative products for hip arthroscopy in a deal the details … continue reading “Stryker to Acquire Hip Arthroscopy Company, Pivot Medical”