Inogen (Nasdaq: INGN), which specializes in respiratory products for homecare, announced a change in the corner office today. The company’s board of directors has named Kevin Smith as Inogen’s new president and CEO, effective immediately. Smith succeeds Nabil Shabshab, who started as CEO in 2021. Smith has over two decades of experience in the medical […]
Inogen
Inogen completes Physio-Assist acquisition
Inogen (Nasdaq: INGN) announced today that it completed its previously announced acquisition of Physio-Assist. Goleta, California-based Inogen announced its plan to acquire the French airway clearance technology developer in July. The deal includes a $32 million payment upfront and could reach up to $45 million in total. Physio-Assist develops and manufactures its Simeox technology. Simeox, […]
Inogen CFO steps down, interim replacement named
Inogen (Nasdaq:INGN) today announced that it named Mike Sergesketter as interim CFO after Kristin Caltrider stepped down. Caltrider stepped down from the position, citing personal reasons. Her decision has no relation to any disagreements with the company or its management, operations, policies or practices. The company, which provides respiratory products for the homecare setting, enlisted […]
Inogen acquires French airway clearance tech developer Physio-Assist
Inogen (Nasdaq: INGN) announced today that it entered into a definitive agreement to acquire Physio-Assist. Physio-Assist, a France-based, privately-held company, develops and manufactures its Simeox technology. Simeox, which currently has availability outside the U.S., is a technology-enabled airway clearance device. It treats bronchiectasis, where the lung’s bronchi become damaged and widened. It often occurs in […]
Inogen grows sales 13% in Q3
Inogen (Nasdaq:INGN) this week posted third-quarter results that beat the overall consensus on Wall Street. The Goleta, California-based respiratory care company reported a loss of $9.5 million, or -42¢ per share, on sales of $105.4 million for the three months ended Sept. 30, for a sales growth of 13.19% compared with Q3 2021. Adjusted to […]
Inogen posts Street-beating Q2
Inogen (Nasdaq:INGN) shares are down today — a day after releasing Q2 results that beat the consensus forecast. The Goleta, California–based respiratory care company posted losses of $3.4 million, or 15¢ per share, on sales of $103.4 million for the three months ended June 30, 2022, for a bottom-line slide into the red on sales […]
Inogen appoints Agnes Lee as senior VP of investor relations, strategic planning
Inogen (NSDQ:INGN) this week announced it appointed Agnes Lee as senior VP of investor relations and strategic planning, effective May 23. Lee most recently served as VP of investor relations at Butterfly Network where she created an investor relations program to promote the company to analysts and investors. She also led investor marketing to reflect […]
Inogen rises despite missed Q4 projections
Inogen (NSDQ:INGN) shares ticked up today on fourth-quarter results that came up shy of the consensus forecast. INGN shares were up 6.9% at $32.01 per share in mid-morning trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — was up 1.1%. The Goleta, California-based maker of home […]
Inogen CFO stepping down, interim replacement named
Inogen (NSDQ:INGN) announced today that it appointed Mike Sergesketter as its interim chief financial officer. Goleta, California–based Inogen said in a news release that Sergesketter — whose role as CFO was made effective today — most recently served as CFO of Kimball Electronics. Sergesketter succeeds Alison Bauerlein, who will remain with the portable oxygen therapy […]
Inogen names chief technology officer
Inogen (NSDQ:INGN) this week announced that it has appointed Stanislav Glezer as chief technology officer. Glezer will be responsible for R&D and engineering, medical affairs and regulatory affairs. He joined the company in June this year as chief medical officer and will remain an EVP at the company. Prior to joining the company, Glezer held numerous […]
MedTech 100 roundup: Significant uptick for industry
The up-and-down nature of the medtech industry continues to carry through 2021, with a recent dip now followed by a rapid ascent. MassDevice‘s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished the week (June 11) at 109.63 points, producing a 2.5% rise from the 106.96-point mark set one […]