Lantheus today said it appointed Paul Blanchfield as chief commercial officer, effective immediately. Blanchfield will report to president and CEO Mary Anne Heino. “With his extensive operational experience and deep expertise in commercializing rare disease products, Paul will be a valuable addition to our executive leadership team as we execute our long-term growth strategy,” Heino […]
Intelerad to be sold to Hg
Medtech software company Intelerad Medical Systems will be sold to a UK-based private equity firm that specializes in software and service businesses, according to its current owner, Novacap. The Canada-based private equity firm said it will sell Intelerad to Hg. The transaction is expected to close in the first quarter of 2020. Intelerad specializes in […]
Biotronik appoints new chief medical officer
Biotronik today said it appointed David Hayes as chief medical officer. Hayes will be responsible for overseeing the development of the company’s cardiovascular solutions and other innovations that can help physicians and health systems deliver patient care. “Our focus has always been on the patient. To help patients live their best lives, we remain in […]
InMode launches non-invasive facial remodeling tech
InMode (NSDQ:INMD) this week said it launched its Evoke facial remodeling solution. Evoke is a hands-free device designed for the face and subdermal area. The radio frequency-based platform addresses patient aesthetic concerns using controlled heating of the skin and subnormal tissue. “The idea of a facial hands-free treatment has been circulating in the market for about […]
NANS 2020: Neuromodulation news you need to know
Neuromodulation devices from companies including Medtronic (NYSE:MDT), Abbott (NYSE:ABT) and SPR Therapeutics are showing promise treating pain. That’s one of the initial takeaways from study results that medical device companies in the neuromodulation space are touting this weekend at NANS 2020 in Las Vegas. NANS is a joint conference of Congress of Neurological Surgeons and the […]
New 510(k) boosts iRhythm, Verily efforts for AFib screening
The latest 510(k) clearance for the Verily Study Watch will further the efforts of the Google sister company and iRhythm Technologies (NSDQ:IRTC) to improve atrial fibrillation treatment. Verily — a life science company under Alphabet (NSDQ:GOOGL) — recently received an FDA 510(k) clearance to include an irregular pulse monitor in its Study Watch wearable. “We’ve worked carefully […]
Hillrom shares slide despite topping Street forecast
Hillrom (NYSE:HRC) shares dipped today on first-quarter results that fell short of last year’s numbers but still topped the consensus forecast. The Chicago-based company posted profits of $39.8 million, or 59¢ per share, on sales of $685 million for the three months ended Dec. 31, 2019, for a 5.7% bottom-line slide on sales growth of 0.15%. […]
Edwards Lifesciences stock takes a hit on TAVR report
Edwards Lifesciences (NYSE:EW) shares are recovering a bit today — a day after the stock took a nearly 5% slide after a Jefferies report suggested a potential step down in TAVR sales in December. The Jefferies model showed a sharp step down in December growth (–2% to +3%) from October and November (+27–28%). The result was […]
Brainlab acquires VisionTree Software
Brainlab announced that it completed the acquisition of patient-centric data collection and health management company VisionTree Software. Munich, Germany–based Brainlab said the acquisition highlights the company’s commitment to taking a closer look at patient quality of life and condition post-treatment. San Diego–based VisionTree Software develops cloud-based data collection and health management solutions that Brainlab plans […]
Smith & Nephew buys Tusker Medical
Smith & Nephew (NYSE:SNN) today said it acquired Tusker Medical for an undisclosed amount. Tusker Medical develops the Tula System, which is an in-office ear tube delivery system to treat recurrent or persistent ear infections. The pediatric ear tubes won FDA breakthrough device designation in November last year. “The Tula System is a truly innovative option […]
Intuitive Surgical shares drop despite Street-beating fourth quarter results
This article has been updated to reflect changes in share price. Intuitive Surgical (NSDQ:ISRG) shares dropped about 4% this morning despite the robot-assisted surgery pioneer’s reported fourth-quarter results that beat expectations for sales and earnings. Sunnyvale, Calif.-based Intuitive reported profits of $358 million or $2.99 per share, on sales of $1.28 billion for the three […]
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