Candela Explores Strategic Alternatives in Challenging Aesthetics Market
First Quarter Results: Revenues at Candela Corporation, a maker of aesthetic lasers, decreased 24 percent year-over-year, to $26.9 million in the most recent quarter from […]
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Business as Usual for Endologix as it Considers $98 Million Buyout
More good news from Endologix, the Irvine, CA-based company mulling over a $98 million buyout bid from hedge fund Elliott Associates. This week, the company’s […]
NxStage Medical Signs Long-Term Supply Agreement with Renal Advantage
NxStage Medical has signed a long-term product supply agreement with Renal Advantage (RAI), the fourth largest provider of dialysis services in the U.S. Under the […]
CoreValve Prevails in German Patent Infringement Lawsuit with Edwards
A German Federal Court has found that CoreValve’s ReValving system (for transcatheter aortic valve replacement) does not infringe any of the claims of the Andersen […]
Elliott Associates Submits $98 Million Lowball Bid for Endologix
The New York-based hedge fund, Elliott Associates, has offered to buy all of the outstanding shares of Endologix for $98 million or $2.25 per share. […]
Treating Disc Degeneration from the Inside Out: New Preclinical Data from ISTO Technologies
ISTO Technologies announced positive preclinical data for its spinal disc repair therapy, NuQu. In collaboration with the University of California San Francisco (UCSF), ISTO is […]
Kinetic Concepts Gets FDA Clearance For Tissue Matrix
Kinetic Concepts (KCI) has received FDA 510(k) clearance for its LifeCell Tissue Matrix. The matrix is used to treat chronic, trauma, surgical and other acute […]
Medtech Insight: In3 East
Meet the most important people in medical technology at In3 East, the largest East Coast strategic partnership and investment meeting for senior-level medical technology executives. […]
NeoChord Receives Cash Infusion from Clarian Health Ventures
An infusion of capital will help NeoChord go the distance. Previously, the company had raised $1.76 million from angel investors in a convertible debt offering. […]
Breast MRI Up 23% in First Half of 2008
Magnetic resonance imaging (MRI) of the breast continues to show double digit growth in 2008 and is one of the fastest growing procedures in radiology […]