Category: CryoLifeSyndicate content

CryoLife to cash in on Bard buyout of Medafor

October 8, 2013 by Brad Perriello

CryoLife says it's in line for a $15 million payout due to its stake in Medafor, which C.R. Bard bought last week for some $280 million.

CryoLife to cash in on Bard buyout of Medafor

CryoLife Inc. (NYSE:CRY) said it's in line for a $15.1 million payout from the C.R. Bard (NYSE:BCR) acquisition of Minnesota-based Medafor for up to $280 million.

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Hansen Medical pulls in $93M, shares surge 20% | Wall Street Beat

July 31, 2013 by Brad Perriello

Hansen Medical inks an equity financing deal worth $93 million, sending share prices for the robotic surgery company up nearly 20% today.

MassDevice.com Wall Street Beat

Hansen Medical (NSDQ:HNSN) said it inked an equity financing deal for up to $93 million with a consortium of investors including Oracle Investment Management and private equity player Jack Schuler, a co-founder of Crabtree Partners.

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CryoLife wins pre-market approval for laser fiber optic delivery handset

July 10, 2013 by Sony Salzman

The FDA grants pre-market approval for CryoLife's Sologrip laser fiber optic delivery handset, used during surgery for inoperable heart conditions.

Vention Medical takes over a medical tubing supplier

Vascular surgical device maker CryoLife announced a regulatory green light today with the FDA's pre-market approval of its Sologrip laser fiber optic delivery system.

Sologrip is a disposable handset designed to be used during surgery to support a relatively new procedure called transmyocardial revascularization approved by the FDA to treat difficult heart conditions.

CryoLife lands another win for its HeRo line

June 11, 2013 by Sony Salzman

CryoLife announces a European regulatory win for its HeRo Graft and says the 1st patients will be treated next month.

A win in Europe for CyroLife's HeRo Graft

Medical device maker CryoLife won European regulatory approval for its HeRo graft system, the win coming on the heels of a FDA clearance for HeRo's next generation adapter. Atlanta, Ga.-based CryoLife said a staged product roll-out in Europe will begin next month.

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CryoLife lands FDA win for next-gen HeRO device

April 15, 2013 by Sony Salzman

FDA regulators gave the green light to CryoLife’s next-generation HeRO hemodialysis access system.

YYmeta

The FDA granted 510(k) clearance for CryoLife's next-generation HeRO system in treatment of patients undergoing hemodialysis, the company announced.

The new HeRO device includes an adaptor so that it can connect CryoLife's proprietary venous outflow to other dialysis grafts, including early access grafts, the company reported.

Leaked Fresenius memo spurs FDA probe | Legal News

June 19, 2012 by MassDevice staff

The FDA probes Fresenius Medical after more than 900 patients experienced heart attacks at the company's internal dialysis centers, as detailed in a company memo that wasn't shared with other Fresenius dialysis device users.

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FDA investigators want answers from Fresenius (NYSE:FMS) after a dialysis website leaked a copy of an internal memo released to the company's in-house dialysis centers.

The memo detailed adverse events possibly associated with improper use of its Granuflo dialysis concentrate, including a possible 5-fold increase in heart-attack risk associated with the compound.

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Welch Allyn CEO Julie Shimer to retire | Personnel Moves

January 4, 2012 by MassDevice staff

Welch Allyn's president & CEO Julie Shimer will retire from the med-tech maker at the end of 2012.

Welch Allyn president & CEO Julie Shimer announced plans to retire from the Skaneateles Falls, N.Y.-based diagnostics maker by the end of 2012.

Shimer became the first woman to hold the corner office at the 95-year old company when she took the position in 2007 after 5 years on the med-tech maker's board of directors.

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