Henry Schein (Nasdaq:HSIC) today announced its chief financial officer Steven Paladino will retire later this year and that Ronald South will replace him. Paladino’s is set to retire on April 29 after 35 years with the Melville, N.Y.-based dental supplier. He will remain a member of the board of directors and will become an adviser […]
Jury finds Elizabeth Holmes guilty on 4 counts
After more than 50 hours and seven days of deliberations, the Elizabeth Holmes federal fraud trial jury found her guilty on four counts of wire fraud and conspiracy to commit wire fraud. The San Jose, California jury, consisting of eight men and four women, also returned a verdict of not guilty on four other counts […]
BD at-home COVID tests are heading to Southeast grocery stores
BD recently announced that it has partnered with Southeaster Grocers and Everly Health to distribute its at-home COVID-19 tests in grocery stores. Through the partnerships, Everly Health will distribute the BD Veritor at-home COVID-19 tests to Southeastern Grocers’ Fresco y Más, Harveys Supermarket and Winn-Dixie stores in the southeastern U.S. Veritor at-home COVID-19 tests are […]
Jury deliberations begin in Elizabeth Holmes federal fraud trial
The jury in the Elizabeth Holmes federal fraud trial begins deliberations today after three months of testimony from many witnesses. Both the prosecution and defense rested their cases last week with final arguments. The trial has seen testimonies from 32 witnesses, including Holmes herself, and more than 900 exhibits. During closing arguments, Holmes’ defense attorney […]
Natus Medical appoints new president and CEO
Natus Medical recently announced that it appointed Thomas Sullivan as president and CEO, effective December 27. Sullivan previously served as president and CEO of medical device global contract manufacturer Spectrum Plastics. He has also held numerous leadership roles at A&E Medical, Symmetry Surgical and Symmetry Medical. In addition, he held executive positions at Johnson & […]
Bio-Rad appoints Simon May as life sciences group president
Bio-Rad today announced that it appointed Simon May as executive VP and life sciences group president, effective January 4, 2022. May succeeds Annette Tumolo who is retiring. He will be responsible for providing leadership and management of the overall strategy and business direction for the company’s life science group global operations. “We are pleased to […]
Cordis names new CFO
Cordis today announced that it has appointed Christopher Scully as chief financial officer. Scully will lead the interventional cardiovascular technology company’s financial and IT functions to accelerate Cordis’s growth. Before joining the company, Scully was executive VP and CFO for PPD. He played a role in the company’s IPO and its eventual sale to Thermo […]
Route 92 Medical raises $111M for its aspiration catheter to treat strokes
Route 92 Medical this week said it raised over $110 million in a combined Series E and debt financing round. Capital raised included $56 million in a Series E financing round led by new investors InnovaHealth Partners and Norwest Venture as well as existing investors The Vertical Group and U.S. Venture Partners. Runway Growth Capital […]
Paragon 28 Patient Specific Talus Spacer wins FDA supplemental approval
Paragon 28 today announced that it received a supplemental approval order from the FDA for its titanium Patient Specific Talus Spacer. The supplemental order allows the Englewood, Colorado-based company to additively manufacture the spacer in titanium alloy with a titanium nitride coating. Paragon 28 previously received FDA approval in early 2021 under a humanitarian device […]
Avanos Medical to buy OrthogenRx for $160M
Avanos Medical today announced it entered into a definitive agreement to acquire OrthogenRx for $160 million. OrthogenRx makes viscosupplementation therapies to treat knee osteoarthritis pain, as well as commercial hyaluronic acid (HA) therapy products GenVisc 850 and TriVisc. Avanos will purchase the company for $130 million in cash at closing and an additional $30 million […]
5 pediatric electrophysiology devices you need to know
The National Capital Consortium for Pediatric Device Innovation recently announced five electrophysiology devices that could monitor and treat congenital heart disease and arrhythmia in pediatric patients. The five winners of the annual NCC-PDI “Make Your Medical Device Pitch for Kids!” competition will share a $150,000 FDA grant to support the advancement of pediatric medical devices. […]