Baxter (NYSE:BAX) announced today that it laid out a strategic roadmap for the future that includes the spinoff of two business units. The company plans to spin its renal care and acute therapies units into an independent, publicly traded company. It expects the company to stand alone in the next 12 to 18 months. Baxter’s […]
Michelle Quinn named acting general counsel for BD
BD (NYSE:BDX) announced today that it named Michelle Quinn as acting general counsel for the company. Quinn succeeds Samrat (Sam) Khichi in the role. Khichi informed the company of his intent to depart for a new opportunity, effective Feb. 3, 2023. Reporting to chair, president and CEO Tom Polen, Quinn holds responsibility for leading the […]
Volta Medical raises $37.9M Series B, appoints Farapulse co-founder as CFO
AI-based AFib treatment developer Volta Medical announced today that it raised $37.9 million (€36 million) in a new Series B funding round. Marseille, France-based Volta develops technology to assist electrophysiologic physicians in treating complex cardiac arrhythmias. In December 2020, the FDA cleared Volta’s VX1 AI software for interventional cardiac electrophysiology. The tool uses machine and […]
Cardiac Dimensions raises $35M Series D for mitral contour system
Heart failure treatment developer Cardiac Dimensions announced today that closed a $35 million Series D financing round. Kirkland, Washington-based Cardiac Dimensions develops minimally invasive treatment modalities for heart failure and related cardiovascular conditions. Its lead product, the Carillon Mitral Contour System, uses a gentle, minimally invasive approach. It designed the system to restore natural mitral […]
GE HealthCare appoints former Amazon exec as first chief technology officer
GE HealthCare (Nasdaq:GEHC) announced today that it appointed Dr. Taha Kass-Hout as its first chief technology officer. Kass-Hout’s responsibilities include leading the GE spinoff’s new science and technology organization. He reports to GE HealthCare President and CEO Peter Arduini. According to a news release, the role includes driving the company’s D3 precision care strategy. This […]
Henry Schein acquires majority interest in Unitas PPO solutions
Henry Schein (Nasdaq:HSIC) announced today that its eAssist Dental Solutions subsidiary acquired a majority interest in Unitas PPO Solutions. Privately-held Unitas works with dental practices to assess their commercial insurance participation. It sets competitive fee-for-service rates and negotiates contracted reimbursement with commercial insurers. Melville, New York-based Henry Schein said in a news release that the […]
Alcon to soon launch reusable lens for astigmatism
Alcon (NYSE:ALC) announced today that it plans to launch its Total30 reusable contact lens for people with astigmatism. Geneva, Switzerland-based Alcon designed Total30 with its proprietary water gradient material. This enables a gradual increase to nearly 100% water on the outermost surface. With this technology, the lens ensures that nothing touches the eye but a […]
AngioDnamics stock rises on Street-beating Q2
AngioDynamics (Nasdaq:ANGO) shares are up today on second-quarter results that topped the consensus forecast. Shares of ANGO were up more than 11% at $15.24 apiece by the late morning. MassDevice‘s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — was up more than 7%. The Latham, New York–based peripheral […]
MiMedx appoints chief operating officer
MiMedx (Nasdaq:MDXG) announced that it appointed Ricci S. Whitlow as its chief operating officer (COO). Whitlow’s responsibilities include leading manufacturing, supply chain, procurement, quality and regulatory efforts. She joins from Catalent, where she most recently served as president of clinical supply services. “We are happy to begin 2023 with the addition of Ricci Whitlow to […]
Know Labs wins new glucose monitoring patent
Know Labs (NYSE:KNW) announced today that it received a new patent equating its diagnostic technology to the current glucose monitoring standard. Seattle-based Know Labs develops the Bio-RFID technology. It uses spectroscopy to direct electromagnetic energy through a substance or material to capture a unique molecular signature. It integrate into wearable, mobile or bench-top form factors. […]
EndoStim prepares FDA PMA submission for neurostim implant that treats GERD
EndoStim announced today that it held a pre-submission meeting with the FDA regarding its implantable neurostimulation treatment for GERD. The pre-submission meeting comes in advance of a premarket approval (PMA) submission for the system. Santa Ana, California-based EndoStim designed it to treat drug-refractory gastroesophageal reflux disease (GERD). EndoStim received FDA breakthrough device designation for the […]