Category: Thoratec Corp.
Thoratec completes enrollment in a European clinical trial for its HeartMate III left ventricular assist device.
Thoratec's 3rd-quarter earnings plunge nearly 85% as sales decline more than 16%, raising fears that the left ventricular-assist device market is in a slump that could persist into 2015.
Thoratec (NSDQ:THOR) yesterday said its 3rd-quarter profits plunged some 85%, missing forecasts, and dimmed its outlook for the rest of the year.
Allergan CEO David Pyott steps down from the board at Edwards Lifesciences to devote more time to his chief executive duties.
, Boston Scientific
, Edwards Lifesciences
, LensAR Inc.
, LifeCell Corp.
, Polaris Industries
, Premier Inc.
, Sensory Medical
, STAAR Surgical Co.
, Thoratec Corp.
, Allergan Inc.
Thoratec ousts CEO Gary Burbach and replaces him with predecessor Keith Grossman.
Thoratec's stock drops more than 26% in after-hours trading after the company lowers its full-year guidance on a dreary 2nd quarter.
Circulatory devices maker Thoratec (NSDQ:THOR) took a major hit yesterday as a bleak 2nd-quarter reports and a lowered outlook on the year sent its stock into a nosedive.
Here's a look at some of the top mergers & acquisitions stories for medical device companies this week: Covidien taps integration chief to navigate Medtronic merger; Zimmer, Biomet appoint integration team; Thoratec inks $75M deal for Apica Cardiovascular; FTC wants more from Zimmer, Biomet on merger; Johnson & Johnson closes Ortho-Clinical Diagnostics sale