Staar Surgical (NSDQ:STAA) this week registered for a $200 million offering but said it has no plans to open the offering at this time, according to an SEC filing. The Monrovia, Calif.-based company said the registration will allow it to offer and sell up to $200 million in securities, including common stock, preferred stock, debt securities and […]
STAAR Surgical Co
Staar Surgical wins CE Mark for EVO+ Visian ICL, readies presbyopia study
Staar Surgical (NSDQ:STAA) said today it won CE Mark approval in the European Union for its Evo+ Visian ICL intraocular lens with Aspheric Optic technology, and reported that a presbyopia study of the device is underway. The Monrovia, Calif.-based company’s EVO+ Visian ICL is the company’s next-gen lens, designed to be surgically implanted and operate with the […]
Staar Surgical shares slightly down despite Q1 EPS beat
Shares in Staar Surgical (NSDQ:STAA) have fallen slightly today despite the medical device maker beating earnings per share expectations on Wall Street with its 1st quarter earnings results. The Monrovia, Calif.-based company posted losses of $2.2 million, or 5¢ per share, on sales of $20.4 million for the 3 months ended March 31, seeing losses […]
Acelity taps Eckert to succeed Woody as CEO| Personnel Moves | April 5, 2017
Acelity said today it tapped R. Eckert as its new prez & CEO, succeeding Joseph Woody who is stepping away from Acelity following the company’s divestiture of its LifeCell division earlier this year. Eckert previously served as CEO of health information tech company TriZetto Corp, and has led 5 other companies including CRC Health Group, Eclipsys […]
Investors suit against Staar Surgical wins class certification
The US District Court for the Central District of California yesterday certified a class of investors suing Staar Surgical (NSDQ:STAA), alleging that it concealed problems at a California plant which resulted in receiving an FDA warning letter. Judge Michael Fitzgerald granted certification to the suing investor group which bought shares in Staar between Nov. 1, […]
Staar Surgical wins Health Canada nod for Visian Toric ICL
Staar Surgical (NSDQ:STAA) said today it won approval from Health Canada’s Medical Devices Bureau for its Evo Visian Toric ICL intraocular lenses. The Evo Visian Toric ICL is designed to be implanted inside the eye between the iris and the natural lens indefinitely to correct vision, Monrovia, Calif.-based Staar Surgical said. “We are very pleased […]
Staar Surgical inks 44-hospital distribution deal in India
Staar Surgical (NSDQ:STAA) said yesterday that it inked a distribution agreement with India-based EyeQ Vision Private to distribute Staar Evo Visian ICL intraocular lenses as a treatment for refractive vision treatment. The deal includes supplying the lenses to 44 hospitals in north and west India, with plans to increase the number to 70 hospitals, including south and […]
Ex-Medtronic strategy veep Oesterle joins VC shop New Enterprise Associates | Personnel Moves
Venture capital firm New Enterprise Associates said today it picked up ex-Medtronic (NYSE:MDT) executive veep Dr. Stephen Oesterle as a venture partner for the firm. Prior to being an executive veep for the medical giant, Oesterle served as senior veep of medicine and technology, and served as a member of the executive committee for 14 years, […]
Staar Surgical updates on FDA warning, misses earnings on Q2
Staar Surgical (NSDQ:STAA) offered updates on the FDA warning it received in February as it released its quarterly earnings late last month. The company received a warning in February about its plant in Monrovia, Calif., where the company is headquartered. The FDA inspected the Monrovia facility from Nov. 14 last year through Feb. 4, finding 10 […]
BrainScope wrangles up new C-suite | Personnel Moves
Brainscope today announced a number of new assignments to its executive roster, assigning 4 new picks to its c-suite. The Bethesda, Ma.-based neurotech company picked up Dr. Leslie Prichep as chief scientific officer, Kerstin Schultz as president and COO, Angad Singh as chief technology officer, and promoted Laurie Silver to CFO. “These additions to our leadership team will help […]
Toshiba interim CEO Muromachi to stay on | Personnel Moves
Toshiba (TYO:6502) proposed the company keep interim CEO Masahi Muromachi on as permanent chief exec after 8 officials resigned due to their roles in an accounting scandal, Japanese media reports. Last week, Toshiba said former board chair Muromachi would temporarily take the reins as chief exec after an independent probe found former CEO Hisao Tanaka was aware […]