MiMedx (Nasdaq:MDXG) today announced it appointed Joseph Capper as CEO and director, effective immediately. He replaces interim CEO Todd Newton, who was appointed in September 2022. Newton will remain in his role on the Board of Directors at the Marietta, Georgia–based advanced wound care and therapeutic biologics company. Capper has nearly 30 years of medtech and […]
Icotec wins FDA clearance for Vader pedicle screws
Icotec this week announced it received FDA 510(k) clearance to market its Vader pedicle screw system. The Vader system includes 4.5 mm pedicle screws and extended long carbon/PEEK rods made from BlackArmor. Vader’s extended pedicle screw system is indicated for open, MIS and cement-augmented surgical techniques while providing additional options for stabilizing the upper-thoracic region […]
Danaher grows profits 24% in Q4
Danaher (NYSE:DHR) this week posted fourth-quarter results that beat the overall consensus on Wall Street. The Washington, D.C.-based company reported profits of $2.2 billion, or $2.99 per share, on sales of $8.4 billion for the three months ended Dec. 31, 2022, for a bottom-line gain of 24.8% on sales growth of 2.7% compared with Q4 2021. […]
Surmodics announces regulatory delay for its SurVeil balloon
The FDA noted more information on biocompatibility and labeling is needed.
The FDA has indicated that Surmodics’ Surveil drug-coated balloon premarket approval application is not approvable. According to an FDA letter to the company, Surmodics’ Surveil was not approved due to certain information in the biocompatibility and labeling categories. The governing agency said more information needs to be added by an amendment to Surmodics’ PMA application to […]
Ra Medical realigns board of directors following merger
Ra Medical Systems (NYSE:RMED) this week announced the realignment of its board of directors in conjunction with the recently announced merger with Catheter Precision. David Jenkins joins the board as executive chair, and James Caruso will serve as a director. Martin Colombatto, Will McGuire and Susann Meline will serve as directors. Additionally, directors Joan Stafslien and […]
Natus Medical closes acquisition of Micromed
Natus Medical today announced it completed the previously announced acquisition of Micromed Holdings. The deal, announced in December 2022, will add Micromed’s neurophysiology solutions to Natus Medical’s offerings. The financial details of the acquisition were not disclosed. The Micromed acquisition is the first transaction made by the Middleton, Wisconsin-based company since its $1.2 billion acquisition […]
Shockwave Medical to acquire Neovasc for up to $147M
Shockwave Medical (NSDQ:SWAV) today announced it signed an agreement to acquire all of the issued and outstanding common shares of Neovasc (NSDQ:NVCN). Neovasc enrolled its first patient in a clinical trial studying the Neovasc Reducer in January 2022. The company designed the device to reduce angina symptoms in people with refractory angina. It was also reportedly […]
Si-Bone expects 26% sales growth in Q4 results
Si-Bone (Nasdaq:SIBN) this week announced preliminary fourth-quarter results that exceeded expectations on Wall Street. The Santa Clara, California-based orthopedic device company expects worldwide revenue to be in the range of $31.7-$31.9 million for Q4 2022. The sales represent a 26% growth year-over-year. For the full year 2022, Si-Bone anticipates reporting worldwide revenue in the range […]
Avanos Medical fills two new C-level posts
Avanos Medical (NYSE:AVNS) today announced appointments to two new C-level positions on its leadership team. The company’s present SVP CFO Michael Greiner will also fill a chief transformation officer role. In addition, Avanos promoted Kerr Holbrook to SVP and chief commercial officer. Alpharetta, Georgia–based Avanos Medical is a developer of medtech that provides everything from […]
Corza Medical expands leadership team with three new executives
Corza Medical today announced it appointed three new executives to its leadership team. Westwood, Massachusetts-based Corza Medical appointed Thierry Leclercq as senior VP of biosurgery, James Getty as VP of technology and Jack Simmons as senior VP of ophthalmology. “Corza Medical is intensely focused on making every customer interaction remarkable, earning client’s trust through our […]
FDA clears Lydus Medical’s Vesseal microvascular anastomosis aid device
Lydus Medical announced it received FDA 510(k) clearance for its Vesseal microvascular anastomosis suture deployment system. Ra’anana, Israel-based Lydus Medical designed Vesseal for standardized omni-vessel anastomoses for simple, fast, safe and effective procedures. Anastomosis is a complicated step of microvascular surgery. It is essential for the success of surgical interventions, according to the company. The […]