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Reva Medical snags ex-MDT’er Groves for CEO | Personnel Moves

August 25, 2015 By Fink Densford Leave a Comment

Reva Medical (ASX:RVA) said last week it picked up ex-Medtronic (NYSE:MDT) divisional veep Regina Groves as its new CEO. Groves was vice president and GM of the atrial fibrillation solutions, cardiac rhythm and heart failure division at Medtronic. During her time there, she helped the company strategize a re-entry into the catheter-based atrial fibrillation ablation market, the […]

Filed Under: Business/Financial News Tagged With: Acelity, Alphabet (Google), Clarity Medical, Direct Flow Medical Inc., EnteroMedics Inc., Hologic, Medtronic, Personnel Moves, Reva Medical Inc., ReWalk Robotics, SentreHeart, Unilife Corp.

Acelity announced Q2 earnings, beats 2014

July 31, 2015 By Fink Densford Leave a Comment

Wound care and regenerative medicine company Acelity reported its Q2 earnings this week, beating its revenue and sales marks the same quarter last year. The San Antonio, Texas-based company said it brought in $461.6 million this quarter, beating last year’s revenue by a meager 0.5%. The company significantly pared losses, bringing them down to $17.6 […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Regenerative Medicine, Wound Care Tagged With: Acelity

Acelity wins VA contract for NPWT

July 24, 2015 By Fink Densford Leave a Comment

Acelity said Wednesday it won a 5-year National Blanket Purchase Agreement with the Department of Veterans Affairs to supply it with negative pressure wound therapy supplies and devices. Through the deal, San Antonio, Texas-based Acelity will supply the VA with devices that help promote wound healing for acute and chronic wounds. “Deep wounds caused by […]

Filed Under: Business/Financial News, Wound Care Tagged With: Acelity

Appeals court overturns KCI win in whistleblower case

July 8, 2015 By Brad Perriello Leave a Comment

A federal appeals court this week overturned the dismissal of a lawsuit filed against Kinetic Concepts Inc. (now Acelity), in the process resetting the precedent used to establish standing in whistleblower lawsuits. The U.S. Court of Appeals for the 9th Circuit cut 1 of the 3 prongs for establishing a qui tam whistleblower case, ruling that whistleblowers […]

Filed Under: Legal News, Wound Care Tagged With: Acelity, Kinetic Concepts Inc.

Report: Acelity mulls $1B IPO

June 24, 2015 By Brad Perriello Leave a Comment

Acelity is reportedly considering an initial public offering that could fetch up to $1 billion as its private equity owners look to pay down debt. Acelity, formerly Kinetic Concepts Inc., was acquired for $6.1 billion by Apax Partners and a pair of Canadian pension funds in a leveraged buyout in November 2011. The company makes wound care products. […]

Filed Under: Business/Financial News, Funding Roundup, Initial Public Offering (IPO) Tagged With: Acelity

Acelity snares Smith & Nephew exec Agarwal | Personnel Moves

December 9, 2014 By Brad Perriello Leave a Comment

Acelity snares Smith & Nephew exec Agarwal | Personnel Moves

Filed Under: News Well Tagged With: Acelity, Agilent Technologies Inc., ConMed Corp., GI Dynamics, OMNIlife Science Inc., Osiris Therapeutics Inc., Personnel Moves, stericycle, SynGen, Tal Medical

More changes at Hologic as it axes administrative chief Casey | Personnel Moves

November 20, 2014 By Brad Perriello Leave a Comment

More changes at Hologic as it axes administrative chief Casey | Personnel Moves

Filed Under: Medical Device Manufacturers Assn. (MDMA), News Well Tagged With: Acelity, Cheetah Medical, Cor Medical Technologies, Dynatronics Corp, Hologic, Invacare, MELA Sciences Inc., NxThera Inc., Personnel Moves, Vision-Ease Lens

Ex-Stryker CFO Hartman wins CEO job at ConMed | Personnel Moves

November 10, 2014 By Brad Perriello Leave a Comment

Ex-Stryker CFO Hartman wins CEO job at ConMed | Personnel Moves

Filed Under: News Well Tagged With: Acelity, Bovie Medical Corp., ConMed Corp., EnteroMedics Inc., Myoscience, Perseon, Personnel Moves, Profound Medical Inc., RainDance Technologies Inc., RenovoRx, Stryker, TransEnterix

Allergan CEO Pyott steps down from Edwards Lifesciences board | Personnel Moves

October 7, 2014 By Brad Perriello Leave a Comment

Allergan CEO Pyott steps down from Edwards Lifesciences board | Personnel Moves


Filed Under: News Well Tagged With: Acelity, Allergan, Bio-Rad, Boston Scientific, Edwards Lifesciences, LensAR Inc., LifeCell Corp., Personnel Moves, Polaris Industries, Premier Inc., Sensory Medical, SiBone, STAAR Surgical Co, Thoratec Corp.

Failure of Medtronic’s Symplicity-3 trial doesn’t mean the end of renal denervation for hypertension | Medtech Wall Street news for the week of September 1, 2014

September 4, 2014 By MassDevice Leave a Comment

Renal denervation isn't dead, despite Medtronic trial's failure

September 2, 2014 by Brad Perriello

Filed Under: News Well, Wall Street Beat Tagged With: Acelity, Apax Partners, Baxter, Boston Scientific, Centaur Guernsey, Covidien, Kinetic Concepts Inc., Kona Medical, LifeCell Corp., ReCor Medical, stjudemedical, Systagenix Wound Management Inc.

Private equity owners rebrand KCI, Systagenix, LifeCell as Acelity

September 3, 2014 By Brad Perriello Leave a Comment

Private equity owners rebrand KCI, Systagenix, LifeCell as Acelity

The private equity owners of a trio of wound care and regenerative medicine companies said today that they’re merging Kinetic Concepts Inc., Systagenix and LifeCell into a single entity called Acelity.

Filed Under: News Well, Regenerative Medicine, Wall Street Beat Tagged With: Acelity, Apax Partners, Centaur Guernsey, Kinetic Concepts Inc., LifeCell Corp., Marketing/Public Relations, Systagenix Wound Management Inc., Wound Therapy

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