Henry Schein (Nasdaq:HSIC) today announced that it appointed Jennifer Ferrero as VP, senior counsel and corporate secretary, effective July 1. In her new role, Ferrero will be responsible for managing corporate governance activities, board activity and other related matters. She previously served as the company’s VP, senior counsel, corporate and deputy secretary. “Jennifer is widely […]
Dental
ZimVie ticks up on 2021 revenue beat, reaffirms 2022 guidance
ZimVie (NASDAQ:ZIMV) shares rose slightly this morning on full-year 2021 revenues that came in ahead of the consensus forecast. Full-year revenues for the company topped $1 billion, beating Wall Street projections by more than $20 million. The new Zimmer Biomet (NYSE:ZBH) spinoff of its spine and dental businesses posted fourth-quarter losses of $60.7 million on […]
9am.health partners with Ascensia to add blood glucose meter to diabetes toolkit
9am.health announced today that it now offers the Ascensia Diabetes Care Contour Next One and Contour Next products in its diabetes kit. Patients with type 2 diabetes and prediabetes can now add Ascensia’s Contour Next One blood glucose meter and Contour Next glucose test strips to a personalized treatment plan as part of the all-in-one virtual diabetes care […]
How medtech and pharma are responding to Russia’s invasion of Ukraine
Medtech and pharma companies continue to support Ukraine relief efforts following Russia’s invasion. Previously, the World Health Organization announced that it was sending “essential medical supplies” to Ukraine — including its first shipment of 36 metric tons of supplies for trauma care and emergency surgery and other health supplies — to meet the needs of more than […]
Dentsply Sirona announces $150M accelerated share repurchase
Dentsply Sirona (Nasdaq: XRAY) said today that it has entered into an accelerated share repurchase agreement with Bank of America, National Association to repurchase $150 million of its common stock. The agreement will be completed under Dentsply Sirona’s present share repurchase authorization. The accelerated share repurchase agreement has Dentsply Sirona initially receiving delivery of roughly […]
Pearl’s AI for dental X-rays wins FDA clearance
Pearl (Los Angeles) announced today that FDA has cleared its AI-powered, real-time pathology detection software Second Opinion. The system can help dentists accurately identify a broad range of common dental conditions in patient X-rays, according to Pearl. Second Opinion applies computer vision to identify and highlight key pathologic and nonpathologic findings. Displays are displayed immediately. Dentists […]
World Health Organization sending 36 metric tons of medical supplies to Ukraine
The World Health Organization today said that it is sending more than 36 metric tons of medical supplies to support the humanitarian emergency in Ukraine following Russia’s invasion last week. WHO Director-General Tedros Adhanom Ghebreyesus said the organization is sending “essential medical supplies” to Ukraine — including its first shipment of 36 metric tons of […]
Vafa Jamali has big plans for ZB spinoff ZimVie — but it’ll take time
ZimVie CEO Vafa Jamali sees opportunities for growth in the spine space, including pediatric devices. The efforts, though, will take years for ZimVie (NASDAQ:ZIMV), the new Zimmer Biomet (NYSE:ZBH) spinoff of its spine and dental businesses. That was the big takeaway when MassDevice and Medical Design & Outsourcing caught up with Jamali today, shortly after he rang in the […]
Zimmer Biomet completes ZimVie spinoff
Zimmer Biomet (NYSE:ZBH) announced today that it completed the spinoff of ZimVie, its former dental and spine businesses. Shares of ZimVie started trading on the Nasdaq market today under the “ZIMV” ticker. ZIMV shares were down more than 26% to $28 apiece by the afternoon. MassDevice‘s MedTech 100 Index, which includes stocks of the world’s […]
Dentsply Sirona slides as Q4 earnings miss Wall Street expectations
Dentsply Sirona (NDSQ:XRAY) shares dipped today on fourth-quarter results that came up shy of the consensus forecast. XRAY shares were down more than 7% at $54.49 per share in by later afternoon trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — was down slightly. The Charlotte, […]
Henry Schein rises before hours on Street-beating Q4, updated guidance
Henry Schein (NSDQ:HSIC) shares ticked up this morning on fourth-quarter results that topped the consensus forecast. The Melville, New York-based company posted profits of $147.2 million, or $1.05 per share, on sales of $3.3 billion for the three months ended Dec. 25, 2021, for a 3.2% bottom-line gain on sales growth of 5.2%. Adjusted to […]