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Allscripts

India slashes drug-eluting stent reimbursement by 62% | Wall Street Beat

May 8, 2013 By Brad Perriello Leave a Comment

MassDevice.com Wall Street Beat

The Indian government slashed reimbursement rates for drug-eluting stents by more than 61.5%, down to about $460 from roughly $1,200, aiming to give a boost to its domestic stents industry at the expense of the multinational players.

It’s the 2nd rate cut since October 2011, according to the Business Standard. India cut the rate of reimbursement for U.S.-made stents from 65,000 rupees (about $1,200) to 25,000 rupees (~$461), which is now the standard rate for stents regardless of origin, according to the newspaper.

Filed Under: Digital Health, Emerging Markets, News Well, Wall Street Beat Tagged With: Abbott, Allscripts, Athenahealth Inc., BodyMedia, Epocrates, Exports, InTouch Health, iRobot, Jawbone, Massive Health, Natus Medical Inc.

Weight loss: EnteroMedics closes $13M round | Wall Street Beat

March 4, 2013 By Brad Perriello Leave a Comment

MassDevice.com Wall Street Beat

EnteroMedics (NSDQ:ETRM) said it closed a public offering it expects to add about $12 million to its coffers after it pays off expenses.

The St. Paul, Minn.-based medical device company is developing technology to treat obesity using neurostimulation of the vagus nerve to suppress the appetite.

Filed Under: Funding Roundup, Neuromodulation/Neurostimulation, News Well, Wall Street Beat Tagged With: Allscripts, Bariatrics, Enopace Biomedical, EnteroMedics Inc., Intrinsic Medical Imaging, Solta Medical Inc., Sound Surgical Technologies

Allscripts changes course, spikes potential sale and names new CEO

December 21, 2012 By MassDevice staff Leave a Comment

Allscripts logo

Electronic medical records company Allscripts (NSDQ:MDRX) is struggling to recover from a Wall Street dive after news of a CEO swap and decision to stop pursuing a possible sale send shares tumbling this week.

Filed Under: Electronic Medical Records (EMR), Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: Allscripts, Personnel Moves

Report: Blackstone leads race for Allscripts | Wall Street Beat

December 3, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Blackstone Group is said to be leading the bidding war for electronic medical records company Allscripts (NSDQ:MDRX) but the 2 sides are far from agreeing on a price, according to Reuters.

Citing 3 "people familiar with the matter," the news agency said a deal is "highly uncertain."

Filed Under: Electronic Medical Records (EMR), Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: Allscripts, Cerner Corp., dextera, Epic Systems Corp., Misonix, The Blackstone Group LP, Tria Beauty Inc., Venture Capital/Private Equity

Mako Surgical preps $40M public offering | Wall Street Beat

November 14, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Mako Surgical (NSDQ:MAKO) said it’s planning to sell some 3 million shares of its own stock in an offering worth about $40 million.*

Filed Under: Mergers & Acquisitions, News Well, Orthopedics, Robotics, Wall Street Beat Tagged With: Allscripts, iRhythm Technologies Inc., MAKO Surgical Corp., Semprus BioSciences, Teleflex, Venture Capital/Private Equity

Angels in America: Early-stage investment rebounds | Wall Street Beat

October 10, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Angel investors started to come out of their shells during the first half of the year with angel investments up more than 3% compared with H1 2011, according to research out of the University of New Hampshire, and medical device companies took the lion’s share of the backing.

The medical device and equipment sector grabbed 24% of total angel investment during the first six months of the year, according to a study from UNH’s Center for Venture Research.

Filed Under: News Well, Wall Street Beat Tagged With: Allscripts, Angel Investment, Baxter, BSD Medical Corp., Carlyle Group, Intuitive Surgical, Siemens, Silver Lake Management, Spacelabs Medical Inc., The Blackstone Group LP, University of New Hampshire, Venture Capital/Private Equity

ArthroCare to pay $74M to settle shareholder lawsuit | Legal News

June 5, 2012 By MassDevice staff Leave a Comment

gavel

 Texas Judge approves ArthroCare’s $74M shareholder lawsuit settlement

Filed Under: Legal News, News Well, Wall Street Beat Tagged With: Allscripts, ArthroCare Corp., depuysynthes, HealthCor, Johnson and Johnson

Diabetes: Medtronic’s Resolute stent performs well in non-diabetics, too | Wall Street Beat

May 25, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Medtronic (NYSE:MDT) touted new study results for its Resolute drug-eluting stents, the 1st with FDA indication for treatment of patients with diabetes.

Filed Under: Drug-Eluting Stents, Funding Roundup, News Well, Wall Street Beat Tagged With: Allscripts, Clinical Trials, Deals Roundup, Neurometrix, Tengion Inc., Uroplasty Inc.

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