Ocular Therapeutix (NSDQ:OCUL) shares fell today on third-quarter results that narrowly topped the consensus forecast despite a bottom-line dip. The Bedford, Mass.–based ophthalmic insert maker posted losses of -$18,778, or -45¢ per share, on sales of $829,000 for the three months ended Sept. 30, for a 25.1% bottom-line slide on sales growth of 66.5%. Adjusted to […]
Cardinal Health issues urgent field safety notice for Genius 2 and 3 thermometers
Cardinal Health (NYSE:CAH) has issued an urgent field safety notice to notify customers of a potential issue with the calibration of its Genius 2 and Genius 3 thermometers. The company said in the Oct. 30 notice that all Genius 2 tympanic thermometers manufactured after Oct. 1, 2016 were affected, along with all Genius 3 tympanic thermometers […]
Philips issues urgent field safety notice for V60 ventilators
Royal Philips (NYSE:PHG) issued an urgent field safety notice for its V60 ventilators after issues arose surrounding unresponsive touchscreens. In August, the Amsterdam-based company warned that the V60 ventilator’s touchscreen designed for changing certain therapy settings experienced problems with failure to respond to touch commands. The frozen screen can result in an inability to make changes […]
Sientra posts Q3 losses, acquires Opus breast implant operation
Sientra (NSDQ:SIEN) shares skyrocketed today after the company posted Street-beating third-quarter results despite a bottom-line dip. The Santa Barbara, Calif.-based company is also acquiring the Opus breast implant manufacturing operation. Sientra posted losses of -$22.43 million, or -45¢ per share, on sales of $22.41 for the three months ended Sept. 30, for a 9.2% bottom-line slide […]
Nihon Kohden introduces ventilator for lung protection
Nihon Kohden (TYO:6849) said today that it has launched its new NKV-550 series ventilator system for all ages. The Tokyo-based company said its new ventilator system offers a full suite of applications necessary in a critical care setting when treating patients from neonate through adult ages. The NKV-550 features an integrated touchscreen, intuitive user interface and […]
Dentsply Sirona raises guidance as Q3 earnings beat The Street
Dentsply Sirona (NSDQ:XRAY) shares are up today on third-quarter results that topped the consensus forecast. The York, Pa.–based dental equipment maker posted profits of $85 million, or 38¢ per share, on sales of $962.1 million for the three months ended Sept. 30, tripling its bottom line from the same quarter last year on sales growth of […]
InCarda Therapeutics raises $35 million
InCarda Therapeutics — which is developing an inhaled paroxysmal atrial fibrillation drug — filed an SEC Form D confirming the sale of more than $35 million in equity. The Newark, Calif.–based drug-device combo company sold nearly $35.3 million since the first sale of the offering occurred on Oct. 20, 2017, according to yesterday’s filing. InCarda […]
Conformis launches next-generation hip system
Conformis (NSDQ:CFMS) has won FDA clearance for its latest 3D-designed Conformis hip system for hip surgeries. The Billerica, Mass.–based company began hip surgeries in July 2018 during a limited launch of its hip system. The latest version of the system, announced yesterday, incorporates design improvements based on surgeon feedback after more than 400 surgeries were completed […]
DoD awards billions in contracts to Cardinal Health, Owens & Minor
The U.S. Defense Dept. announced that Cardinal Health (NYSE:CAH) and Owens & Minor (NYSE:OMI) are among a number of companies set to receive contracts exceeding $1 billion. Dublin, Ohio-based Cardinal Health was awarded a maximum of $2.25 billion in a 30-month base contract. The company has three 30-month option periods for worldwide ordering and distribution of its […]
Endologix rises after posting improved Q3 earnings
Endologix (NSDQ:ELGX) shares are up today on third-quarter results that improved from the same quarter last year and topped the consensus forecast. The Irvine, Calif.-based AFX stent graft developer posted losses of -$7.8 million, or -40¢ per share, on sales of 35.8 million for the three months ended Sept. 30, for a 23.2% bottom-line gain on […]
Glaukos slides on Q3 profit drop
Glaukos (NYSE:GKOS) shares dropped today on third-quarter earnings that topped the consensus forecast despite sliding profits. The San Clemente, Calif.-based ophthalmic medical technology and pharmaceutical company posted losses of -$13.5 million, or -37¢ per share, on sales of $58.5 million for the three months ended Sept. 30, for a large bottom-line slide on sales growth of […]
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