Category: Kips Bay Medical Inc.
Here's a look at some of the top legal news stories for medical device companies this week: Kips Bay Medical turns to founder Villafana; Stealthy Saphena Medical raises $1.3m; Weight loss: Gelesis, $22m in hand, registers $60m IPO
Manny Villafana, who founded St. Jude Medical and Kips Bay Medical, joins a last-gasp, $3 million funding round for Kips Bay.
Kips Bay Medical says it's laying off nearly 40% of its workforce as it restructures to focus on its eSVS mesh for bypass grafts.
Top execs from Haemonetics, Kips Bay and others open up about their biggest regrets, debate market pressures facing the medtech industry and offer advice for young entrepreneurs.
A group of medtech insiders gathered in Boston last night to talk shop, share stories and glean insight from some of the industry's brightest minds at MassDevice's DeviceTalks East conference.
An FDA inspection clears a Plainsboro, N.J. plant that triggered a warning letter for Integra LifeSciences, sending share prices up today.
Integra LifeSciences (NSDQ:IART) shares are up today after the medical device company revealed that FDA inspectors yesterday cleared a New Jersey plant that was the subject of a 2011 warning letter.
Kips Bay reports widening losses and shrinking sales for its 4th quarter, but the FDA's decision to allow full enrollment in the U.S. arm of the company's feasibility trial is an important turnaround for the device maker.
Medical device maker Kips Bay Medical (NSDQ:KIPS) saw widening losses and sinking sales during its most recent quarter, but the company marked an important win with FDA approval to complete full enrollment in the U.S. arm of a feasibility study.
Cardiovascular Systems prices an offering of 2 million shares at $17.60 apiece, saying it expects to net about $33 million from the deal for "working capital and general corporate purposes," likely including its ORBIT II atherectomy trial.
Cardiovascular Systems (NSDQ:CSII) priced a public offering of some 2 million shares of CSII stock at $17.60 apiece, saying it expects to net about $33 million from the deal.