MassDevice

The Medical Device Business Journal — Medical Device News & Articles | MassDevice

Home » Getinge ousts CEO Myers after 18 months, shares slide | Personnel Moves August 22, 2016 » Page 2

Getinge ousts CEO Myers after 18 months, shares slide | Personnel Moves August 22, 2016

By

Cutera co-founder & CEO Connors to retire

cutera-connors

Cutera’s (NSDQ:CUTR) said late last week its president and CEO Kevin Connors, effective immediately. Connors will be replaced by current exec veep and CFO Ron Santilli.

“I want to thank Kevin for the leadership he has provided and the significant contributions he has made during the past 18 years since co-founding the Company, and wish him the best in his new endeavors. I am pleased with our recent performance of achieving double digit year-over-year revenue growth for the past eight quarters and significantly improving our financial performance.  We have the right people and the right strategic initiatives in place to execute our plans to increase market share and to continue realizing improved financial performance – and our balance sheet remains strong.  We reiterate the financial guidance that we provided to investors on our second quarter 2016 conference call on August 1, 2016 as it pertains to our expectations for the third quarter and the balance of the calendar year. As well, we remain fully committed to the new product roadmap and launch schedule that we have previously communicated,” interim CEO Santilli said in prepared remarks.

Read more

In case you missed it

RSS From Medical Design & Outsourcing

  • Stryker launches a smart hospital bed
    Stryker (NYSE:SYK) announced this week that it launched the ProCuity wireless smart hospital bed to improve efficiency and safety while lowering costs. The intelligent bed was designed to help reduce in-hospital patient falls at all acuity levels while also improving nurse workflow efficiencies and safeties at lesser cost to the hospital. Stryker said in a news… […]
  • West Pharmaceuticals dips despite strong Q3, raised guidance
    West Pharmaceutical Services (NYSE:WST) shares dipped slightly despite third-quarter results that topped the consensus forecast. The Exton, Pa.-based company posted profits of $82.3 million, or $1.09 per share, on sales of $548 million for the three months ended Sept. 30, 2020, for a 46.2% bottom-line gain on sales growth of 0.3%. Get the full story at… […]
  • Level Ex builds virtual bridge to span medical device divide
    With COVID-19 shutting down clinical meetings and closing operating room doors to sales reps, medical device manufacturers are searching for new ways to support surgeons and physicians using their devices. Level Ex, maker of a video game system, this week shared how it will help bridge this device divide, rolling out its Virtual Technique Guides,… […]
  • Interpower to produce Virtual Global Trade Show Booth
    Interpower (Oskaloosa, Iowa) — an electrical power cord and component manufacturer — plans to launch its Virtual Trade Show Booth on Oct. 27. The idea is to connect with its customers as well as industry professionals. This Virtual Booth launch comes after a year of quarantines and travel restrictions which prompted show postponements and cancellations.… […]
  • Are Stephen Hahn’s days numbered at FDA?
    HHS Secretary Alex Azar has been reportedly discussing the removal of Dr. Stephen Hahn as FDA commissioner, according to Politico. The Politico report cited a half dozen current and former administration officials. FDA spokesperson Michael Felberbaum in an email to Medical Design & Outsourcing‘s sister site MassDevice denied an Azar-Hahn feud: “Commissioner Hahn enjoys a… […]
  • Applied VR gains FDA breakthrough device nod
    AppliedVR announced that it received FDA breakthrough device designation for its fibromyalgia and lower back pain treatment. Los Angeles-based AppliedVR’s EaseVRx product is designed to treat treatment-resistant fibromyalgia and chronic intractable lower back pain. With the breakthrough nod, EaseVRx is now one of the first virtual reality (VR) digital therapeutics to earn that designation for… […]
  • DeviceTalks Tuesdays: Creativity in Engineering Design: Things I Was Never Taught In Engineering School
    Tuesday, Oct. 27, 2020 4 pm Eastern Tim/ 1 pm Pacific Time Engineering is an act of creation – a lot of folks get into this line of work explicitly because they want to create. In this webinar, speakers will talk about the light bulb moments of lone inspiration, and the more practical group efforts.… […]
  • Acuitive Technologies wins FDA clearance for tendon interference screw system
    Acuitive Technologies announced today that it received FDA 510(k) clearance for its CitreLock interference screw system. CitreLock with CitreGen material technology, a next-generation thermoset bioresorbable synthetic polymer, is designed to attach tissue during orthopedic surgeries, including the fixation of ligaments or tendon graft tissue repairs of the shoulder, elbow, wrist, hand, knee and foot extremities,… […]
  • Medovate lands distro deal with major French medtech company
    Medtech manufacturer Vygon Group recently announced that it will distribute Medovate’s SAFIRA (SAFer Injection for Regional Anaesthesia) device across 60 countries. Developed in collaboration with UK National Health Service clinicians, SAFIRA is designed to transform the technique of peripheral nerve blockade into a one-person procedure, giving the anaesthetist full control of the injection at all… […]
  • How spider webs could inspire better biomedical imaging
    Researchers at Purdue University are today touting the use of architectural features from spider webs in biomedical imaging. As spider webs usually provide strong mechanical adaptability and damage-tolerance against various mechanical loads, such as storms, they are coming in handy in the development of 3D photodetectors for use in biomedical imaging, according to a news… […]
  • DTW Podcast: Who will win medtech’s own Supreme Court fight; and can the many mini Medtronics plan work?
    In this week’s DeviceTalks Weekly podcast, we’ll first delve into Medtech’s own brewing Supreme Court battle. J. Michael Jakes, a partner at Finnegan, will tell us why the industry should be watching when the Supremes review the latest patent battle between Arthrex and Smith+Nephew. We’ll also talk about Medtronic’s Analyst Meeting where CEO Geoff Martha and the team… […]