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 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.
Hansen Medical inks an equity financing deal worth $93 million, sending share prices for the robotic surgery company up nearly 20% today.
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.
The FDA grants pre-market approval for CryoLife's Sologrip laser fiber optic delivery handset, used during surgery for inoperable heart conditions.
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 announces a European regulatory win for its HeRo Graft and says the 1st patients will be treated next month.
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.
FDA regulators gave the green light to CryoLife’s next-generation HeRO hemodialysis access system.
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.
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.
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.
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.