Category: Kips Bay Medical Inc.Syndicate content

Integra Lifesciences gains after FDA OKs plant | Wall Street Beat

August 15, 2013 by Brad Perriello

An FDA inspection clears a Plainsboro, N.J. plant that triggered a warning letter for Integra LifeSciences, sending share prices up today.

MassDevice.com Wall Street Beat

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.

Get the complete picture with a MassDevice Plus membership. Registered users can login here.

Kips Bay rises on FDA trial approval, despite losses in sales and revenue

March 29, 2013 by Arezu Sarvestani

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.

Kips Bay logo

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.

Get the complete picture with a MassDevice Plus membership. Registered users can login here.

Cardiovascular Systems prices $33M offering | Wall Street Beat

March 20, 2013 by Brad Perriello

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.

MassDevice.com Wall Street Beat

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.

Get the complete picture with a MassDevice Plus membership. Registered users can login here.

Holaira raises $10M for lung device | Wall Street Beat

February 11, 2013 by MassDevice staff

Holaira says it raised $10 million from existing investors for its lung denervation system to treat chronic obstructive pulmonary disease.

MassDevice.com Wall Street Beat

Medical device company Holaira said it drummed up $10 million, changed its name and moved its headquarters.

Formerly known as Innovative Pulmonary Solutions, Holaira said it plans to use the Series C round to develop its minimally invasive devices to treat obstructive lung disease. All of Holaira's existing backers participated, namely Advanced Technology Ventures, Morgenthaler Ventures, Split Rock Partners, and Versant Ventures.

Echo Therapeutics prices offering | Wall Street Beat

February 4, 2013 by MassDevice staff

Echo Therapeutics aims to raise some $10 million from a public offering of 10.3 million shares of stock at 75¢ apiece.

MassDevice.com Wall Street Beat

Echo Therapeutics (NSDQ:ECTE) priced its public stock offering at 75¢ per share, saying it expects to raise about $10 million in gross proceeds.

The 13.3 million-share offering includes a 45-day over-allotment option for bookrunner Aegis Capital for another 2 million shares.

Get the complete picture with a MassDevice Plus membership. Registered users can login here.

Kips Bay closes $6.5M funding

January 1, 2013 by MassDevice staff

Kips Bay medical issues an additional 10,000,000 shares of its common stock for $6.5 million, seeking FDA approval for its saphenous vein graft.

Kips Bay Medical logo

Minneapolis-based device maker Kips Bay Medical (NSDQ:KIPS)  closed its $6.5 million public offering of 10,000,000 shares of its common stock, hoping to use the funds to seek regulatory approval for its eSVS Mesh system worldwide.

Mako Surgical prices $40M offering | Wall Street Beat

November 15, 2012 by MassDevice staff

Medical device company Mako Surgical prices a more than 3-million-share stock offering worth $40 million.

MassDevice.com Wall Street Beat

Mako Surgical (NSDQ:MAKO) priced a stock offering of more than 3 million shares at $13.15 apiece, raising some $40 million in total.

Get the complete picture with a MassDevice Plus membership. Registered users can login here.

Built on an AdaptiveTheme using Drupal by Michael Knapp  mknapp