The U.S. device sales tax, reimbursement and regulatory challenges and tightened healthcare spending all favour the installed company…so why not buy it?
Company News
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.
InVivo Losses Narrow
Embattled spinal scaffold developer, InVivo Therapeutics looks like it’s got a hold of its finances as it proceeds down the rocky road through trials to ultimate approval.
Symmetry Medical Sells OEM Solutions Business
Win Win as Symmetry Divests OEM Solutions to Tecomet for $450 million
Healthy Sapien Sales for Edwards. Not to Mention that Other $750 Million
Take out the $750 million settlement from Medtronic and Edwards would still be happy with a healthy sales increase over the equivalent quarter a year ago.
Medtronic Boosts Neuro Portfolio with MIS Imaging Acquisition
Medtronic, Inc. has completed the acquisition of Visualase, Inc., and its FDA-approved MRI-guided laser and image guided system for minimally invasive neurosurgery.
Covidien Sales Up, But Pelvic Mesh Provision Clobbers Income
Sales ramped 4% compared with the equivalent period a year ago, but an increase in estimates of costs from pelvic mesh products liability cases saw S,G&A expenses ramp.
Perky Sales for AtriCure But Margin Down and Expenses Up Means Losses Increase
Atrial Fibrillation specialist AtriCure, Inc. has announced financial results for the second quarter of 2014.
Corasantis Gone, Acquisition Off the Agenda for ConMed
New Senior Management and conclusion of a strategic review has seen ConMed renew its focus on delivering shareholder value, the company says.
Integra Celebrates 25th Birthday
Medical Device company Integra LifeSciences Holdings Corporation is making sure we all know that June 2014 marks the 25th anniversary of its founding.
Global Agreement gives Integrity Life Sciences use of Axiom Technology
Integrity Life Sciences has entered into an official global licensing agreement giving it the use of all of Axiom Worldwide’s technology and intellectual property.
Invuity/Yankee Alliance Agreement Sees Improved Illumination Made Widely Available
Deliverer of light to MIS surgical sites, Invuity, Inc. has announced an agreement with one of the U.S.’ most prominent and nationally recognized purchasing organizations, Yankee Alliance, that will see its products being made available to thousands of its members.
Benvenue Says $64 Million Financing Sets it up for Rapid Growth in Spinal Markets
Benvenue Medical, Inc. has closed out a $64 million funding round that it says will help it build its US commercial presence and generally support its growth objectives in the degenerative disc and vertebral compression fracture markets.
Tomorrow Your Company’s Ours: Medtronic Swallows Covidien
With a combined revenue of $27 Billion, the acquisition of Covidien by Medtronic makes for one helluva company that promises to have fingers in every conceivable medtech pie.
Tour de France de Yorkshire for Surgical Innovations
15 members of staff from Leeds-based device company Surgical Innovations are to cycle the route of the first stage in a bid to raise money for local charity The Sick Children’s Trust.
Swimming Pool Job Didn’t Give Board Candidate Depth, Says Echo in Shareholder Letter
Echo Therapeutics, with its clever continuous glucose monitoring technology, is beset with woes coming mainly, so it seems from one dissident 20% shareholder. Now Echo’s board has written to shareholders questioning Platinum Group’s agenda in waging a costly and distracting proxy contest.
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