Say hello to MassDevice +3, a bite-sized view of the top three medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 3 biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry.
3. mHealth: Google Glass poses great potential for hospitals, docs say
Since its initial release, Google Glass has enjoyed a buffet of mixed reactions. Some Silicon Valley businesses have been less than receptive to having internet-connected cameras on patrons’ faces, but the device enjoys a primarily optimistic reception among healthcare workers and patients.
Creative application of wearable technology has gained traction in healthcare, from providing digital distraction for sick children to helping doctors better do their jobs. Read more
2. IPO: Stent graft maker Trivascular Tech. jumps on opening day
Trivascular Technologies (NSDQ:TRIV) shares made a good showing on their first day on the Nasdaq stock exchange, having gained 15% by about 4 p.m. EST.
The stock opened at $12 per share, below the $13-$15 range expected for shares of the California stent graft maker. The stock closed at $13.79 today, and slipped 2.8% to $13.40 in after-hours. Read more
1. Embattled ConMed surges on reports of potential sale
Surgical devices maker ConMed got a little Wall Street love after news sources reported today that the company may be up for sale.
Anonymous sources told the Reuters news service that ConMed has begun soliciting interest from larger companies, although there is no guarantee yet that the company will find a buyer or follow through with an exit. ConMed representatives refused to comment on the rumors, Reuters reported. Read more