MicroVention today announced that the first U.S. clinical case of its flow diverter Fred X device was performed at Thomas Jefferson University Hospital in Philadelphia. Aliso Viejo, California-based MicroVention received premarket approval for the Fred X device in September. It uses a self-expanding braided nitinol mesh to redirect blood flow and promote aneurysm occlusion. The […]
Medtronic wins FDA expanded approval to use cardiac cryoablation catheters in kids
Medtronic today announced that it received FDA expanded approval for its Freezor and Freezor Xtra cardiac cryoablation catheters for pediatric atrioventricular nodal reentrant tachycardia (AVRNT). AVNRT is the most common form of supraventricular tachycardia and involves a life-threatening abnormal heart rhythm. More than a third of AVRNY cases are in pediatrics or children under the age […]
Shockwave Medical up on 270% sales growth in Q4
Shockwave Medical (NSDQ:SWAV) posted fourth-quarter results that beat the overall consensus on Wall Street. The Santa Clara, California-based company has proprietary cardiovascular disease treatment tech involving local delivery of sonic pressure. Yesterday evening it reported profits of $12.9 million, or 34¢ per share, on sales of $84.2 million for the three months ended Dec. 31, […]
Baxter profits up 42% in Q4
Baxter (NYSE:BAX) today posted fourth-quarter results that beat the overall consensus on Wall Street. The Deerfield, Illinois-based company reported profits of $242 million, or 47¢ per share, on sales of $3.5 billion for the three months ended Dec. 31, 2021, for a bottom-line gain of 41.5% on sales growth of 10.5% compared with Q4 2020. Adjusted […]
AtriCure publishes first environmental, social, governance report
AtriCure (NASDAQ:ATRC) this month released its first environmental, social and governance (ESG) report that highlights the company’s corporate responsibility and sustainability initiatives. Companies produce corporate responsibility for corporate stakeholders who are interested in ESG-related information. AtriCure’s ESG report includes data metrics such as the gender diversity of its management and workforce and the racial diversity […]
AtHeart Medical wins FDA approval for second phase of ASD occluder IDE study
AtHeart Medical recently announced that it received FDA approval to commence the second phase of its Ascent ASD investigational device exemption pivotal trial. Switzerland-based AtHeart Medical is evaluating the safety and efficacy of the reSept atrial septal defects (ASD) occluder in a prospective, single-arm study. The reSept device is metal-free with a bioresorbable frame designed to […]
TytoCare wins CE mark for lung sound analyzer
TytoCare this week received CE mark approval for its Tyto Lung Sounds Analyzer for remote medical exams. The New York-based company designed the AI-powered Tyto Lung as a web-based software module that adds more capabilities to the existing TytoCare portfolio. It processes recordings from the company’s off-the-shelf compatible electronic TytoCare stethoscope and aids in the […]
FDA clears CloudCath peritoneal dialysis at-home patient monitor
CloudCath today announced that it received FDA 510(k) clearance for its CloudCath remote monitoring system for peritoneal dialysis patients. San Francisco-based CloudCath designed the monitoring system as a data-driven, cloud-based, remote monitoring platform for at-home monitoring of peritoneal dialysis. It uses continuous analytics with its technology to integrate seamlessly into a patient’s daily PD protocol, […]
Avista Capital Partners to acquire Probo Medical
Avista Capital Partners today announced it has entered into a definitive agreement to acquire Probo Medical for an undisclosed amount. Varsity Healthcare Partners’ Probo Medical is a Tampa-based medical imaging company that sells and repairs ultrasound probes. It has 14 facilities in the U.S. in Europe and has a global supply chain. Get the full story on our […]
3M expects single-digit growth in 2022 as disposable respirator demand slows
3M (NYSE:MMM) today told investors that it is projecting single-digit growth for the 2022 fiscal year as respirator mask demand slows. The Maplewood, Minnesota-based manufacturing and material science giant said in its Virtual Strategic Update that it expects organic sales growth in the range of 2% to 5% for this fiscal year. It estimates earnings to […]
CroíValve raises more than $9M in Series A round
CroíValve this week announced that it raised €8 million ($9 million) in a Series A fundraising round to support a feasibility clinical study of its tricuspid valve system. The Dublin-baed company designed its Duo coaptation valve system to treat tricuspid regurgitation (TR), which is a severe heart condition that occurs when the tricuspid valve fails […]