Spectranetics Buys Kensey Nash Endovascular Unit
In a deal announced this week, Spectranetics will acquire Kensey Nash Corporation’s endovascular business for $10 million upfront and additional milestone payments of up to […]
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NxStage Shares Plummet on Q1 Financial Results
NxStage Medical, a Lawrence, MA, company that makes dialysis systems, saw its share price plummet after announcing its first quarter financial results. The company traded […]
Arbios Systems to Begin Pivotal Trials for its SEPET Liver Assist Device
Liver and biliary diseases affect 25 million Americans, whose annual healthcare costs exceed $10 billion. Unfortunately, there are no direct treatments available for liver failure […]
South Korean FDA Approves Cynosure’s Accolade Workstation for Pigmented Lesions
Although freckles occur most often in light skinned individuals with blond hair and blue eyes, freckles are also common among Asians, including Koreans. While they […]
[Video Profile] Interview with Ralph Makar, President & CEO of Bioject Medical
Bioject Medical develops and markets needle-free injection technology used to administer injectable medications. Bioject’s technology works by forcing liquid medication at high speed through a […]
Bad News for Blood Substitutes
Blood substitutes don’t require refrigeration or cross-matching, have a long shelf life, and reduce the risk of iatrogenic infection. They could be a potentially lifesaving […]
CryoLife on Firm Footing: EPS Increases, Revenues Up, Raises Guidance
Revenues at CryoLife rose 4% to $25.6 million in the first quarter of 2008. Net income was $2.8 million, or $0.10 per share, compared to […]
NeuroMetrix Receives FDA 510(k) Clearance for Advance
Long beleaguered NeuroMetrix, which has seen its stock price erode as officials investigate the marketing and misuse of its NC-stat System, received FDA 510(k) clearance […]
Merit Medical: Shows Resilience in Faltering Economy; Positioned for Continued Growth
The healthcare equipment sector has a history of resilience. The sector remained strong during the economic downturn earlier this decade and appears to be holding […]
Yulex Receives FDA 510(k) Clearence for Novel Rubber Glove
Latex glove use increased dramatically in the eighties largely as an outgrowth of the AIDS epidemic. Almost unheard of 20 years ago, researchers now estimate […]