Medical Device Industry News

Skyline Medical raises funds to pay corporate salaries

July 25, 2014 by Arezu Sarvestani

Skyline Medical reveals in an SEC filing that it raised about $733,000 to help pay its officers and directors.

Skyline Medical raises funds to pay corporate salaries

Minnesota device maker issued a series of updates this month on its legal and financial dealings, including that it secured more than $733,000 to help pay for its corporate expenses.

MassDevice.com +3 | The top 3 medtech stories for July 25, 2014

July 25, 2014 by MassDevice staff

Plus 3

Say hello to MassDevice +3, a bite-sized view of the top three medtech stories of the day. This feature of MassDevice.com's coverage highlights our 3 biggest and most influential stories from the day's news to make sure you're up to date on the headlines that continue to shape the medical device industry.

 

AtriCure renews outlook on another strong quarter

July 25, 2014 by Arezu Sarvestani

AtriCure gets some Wall Street love after again boosting its full-year expectations on the back of a 30% boost in revenues in its 2nd quarter.

AtriCure renews outlook on another strong quarter

Ohio-based AtriCure (NSDQ:ATRC) gained a few points today as investors reacted to new of the company's Q2 financial report.

Medtronic settles insulin pump beef for $2.8M

July 25, 2014 by Arezu Sarvestani

Medtronic agrees to pay $2.8 million to close the books on a multi-state and federal lawsuit accusing the company of illegally soliciting insulin pump patients to replace their devices.

Medtronic settles insulin pump beef for $2.8M

Federal and state regulators agreed to a $2.8 million settlement with medtech titan Medtronic (NYSE:MDT) to close the books on a years-old concern over insulin infusion pumps.

Layoffs: St. Jude cuts 274 in California

July 25, 2014 by Arezu Sarvestani

St. Jude Medical informs California state regulators that it's planning to lay off 274 from a facility in Sylmar.

Layoffs: St. Jude cuts 274 from California plant

St. Jude Medical (NYSE:STJ) is about to hand out more than 270 pink slips to employees at a facility in Sylmar, Calif., according to a notice filed with the state's Employment Development Dept.

Bard: We're on track for early 2015 Lutonix approval

July 25, 2014 by Brad Perriello

Executives at C.R. Bard say the company is on track for an early 2015 approval for its Lutonix drug-eluting balloon for treating peripheral artery disease.

Bard: We're on track for early 2015 Lutonix approval

C.R. Bard (NYSE:BCR) is on track for an early 2015 U.S. approval of its Lutonix drug-eluting balloon, company executives said yesterday after reporting earnings growth that topped expectations.

DICOM Grid raises $6M in an inside funding round | Medtech funding for the week of July 21, 2014

July 25, 2014 by MassDevice

Here's a look at some of the top funding stories for medical device companies this week: DICOM Grid raises $6M for cloud-based medical imaging systems; Welch Allyn leads $7M round for Cardiac Insight; Biolase launches $12M private placement amid internal turmoil, shares soar; Trice Medical reels in $12M, ex-Embrella founder O'Donnell

DICOM Grid raises $6M for cloud-based medical imaging systems

July 18, 2014 by Arezu Sarvestani

DICOM Grids raises $6M for cloud-based imaging management
Built on an AdaptiveTheme using Drupal by Michael Knapp  mknapp