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Abaxis Inc.

Abaxis buys UK distributor

November 26, 2014 By Val Kennedy Leave a Comment

Abaxis buys UK distributor

Abaxis said it bought QCR & Trio Diagnostics, its distribution partner for veterinary products in the U.K. and Ireland.

The deal closed on Nov. 17, Abaxis said. Financial terms were not disclosed.

Filed Under: Mergers & Acquisitions, News Well Tagged With: Abaxis Inc., Distribution, Veterinary

U.S. Defense Dept. awards $84M in contracts to medical device companies

September 27, 2013 By MassDevice Contributors Network Leave a Comment

U.S. Defense Dept. awards $91M in contracts to medical device companies

By Chris Walker

The U.S. Defense Dept. issued $83.9 million worth of contracts to 4 medical device companies, according to the agency’s daily press release.

Filed Under: News Well, Wall Street Beat Tagged With: Abaxis Inc., Cardinal Health, defensedepartment, Henry Schein Inc., Hospira Inc.

Covidien launches $2 billion stock repurchase program

August 11, 2011 By MassDevice staff Leave a Comment

Covidien

Covidien Plc.’s (NYSE:COV) board of directors approved a $2 billion stock repurchase program today.

"The board’s approval of this share repurchase program reflects its confidence in the continued growth of Covidien’s business, our sustainable free cash flow and our commitment to enhance shareholder value," president & CEO José Almeida said in a press release.

Filed Under: News Well, Wall Street Beat Tagged With: Abaxis Inc., Covidien, Illumina Inc., Masimo, stjudemedical

Edwards lands four-year $500 million revolving credit facility | Funding Roundup

August 9, 2011 By MassDevice staff Leave a Comment

Edwards Lifesciences

Edwards Lifesciences Corp. (NYSE:EW) landed a new four-year $500 million credit facility after canceling a prior one a couple months early.

The old facility was a five-year deal, also for $500 million, that was scheduled to mature September 29, 2011.

Filed Under: Funding Roundup, News Well, Wall Street Beat Tagged With: Abaxis Inc., Acutus Medical, Cardia Inc., Edwards Lifesciences, Knome Inc., NeoChord Inc., Restoration Robotics Inc., Vessix Vascular Inc.

Earnings roundup: Thoratec profits leap 58 percent

January 28, 2011 By MassDevice staff Leave a Comment

MassDevice.com Earnings Roundup

MassDevice keeps a close eye on public medical device companies, tracking their quarterly sales and earnings reports. For the most recent filings, check out our Earnings Roundup, where we collect each quarter’s reports.

Here’s a quick rundown of a few releases over the past couple days:

Filed Under: Business/Financial News, MassDevice Earnings Roundup, News Well Tagged With: Abaxis Inc., Accuray Inc., Alcon, Cepheid, dextera, Omnicell Inc., ResMed Inc., SOLOS Endoscopy Inc., Thoratec Corp., Uroplasty Inc., Zoll Medical

Abaxis posts Q3 sales, earnings increases

January 29, 2010 By MassDevice staff Leave a Comment

Abaxis Inc. (NSDQ:ABAX) posted third-quarter sales of $31 million for the three months ended Dec. 31, 2009, up 15 percent compared with $27 million during the same period in 2008. Net income rose 2.2 percent to $3.43 million, compared with $3.36 million during Q3 2008:

Press Release

Abaxis Reports Record Revenues for the Third Quarter of Fiscal 2010

Filed Under: Blood Management, Business/Financial News, MassDevice Earnings Roundup, News Well Tagged With: Abaxis Inc.

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