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Angeion Corp.

Wright Medical announces $200M debt offering | Wall Street Beat

August 22, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Wright Medical (NSDQ:WMGI) said it’s planning a private placement for $200 million worth of senior notes due 2017.

Filed Under: News Well, Wall Street Beat Tagged With: Angeion Corp., Debt Financing, ForSight Vision, MGC Diagnostics, Morgenthaler Ventures, Penrith Corp., Qualcomm, Siemens, Telcare Inc., wrightmedical

Amgen mourns death of founder George Rathmann | Personnel Moves

April 25, 2012 By MassDevice staff Leave a Comment

fired/hired

 Amgen mourns death of George Rathmann, founding CEO

Filed Under: News Well Tagged With: Amgen, Angeion Corp., Cantel Medical Corp., Digirad Corp., Encision Inc., LDR Holding Corp., Medical Action Industries Inc., Nephros, NovaSom, OmniGuide, Organovo, Orgenesis, Personnel Moves, Pro-Dex Inc., ReVision Optics Inc., Rockwell Medical Technologies, SafeStitch Medical, SANUWAVE Health Inc., SeraCare Life Sciences Inc.

Zimmer axes jobs to cut costs ahead of med-tech tax | Personnel Moves

March 7, 2012 By Arezu Sarvestani Leave a Comment

Zimmer logo

Zimmer Holdings (NYSE:ZMH) announced layoffs at its Warsaw, Ind., headquarters, pointing to the expected burden of the medical device tax as partly responsible for some of the losses.

The orthopedics device maker plans to offset the entire burden posed by the impending 2.3% device levy in 2013 through cost-cutting efforts, part of which include layoffs.

Filed Under: News Well Tagged With: Angeion Corp., Layoffs, Neurotech, Pathfinder LLC., Personnel Moves, pSivida Corp., Zimmer Biomet

Angeion narrows Q1 losses despite flat sales | Earnings Roundup

March 1, 2012 By MassDevice staff Leave a Comment

Angeion logo

Angeion Corp. (NSDQ:ANGN) narrowed its 1st-quarter losses despite flat sales for the 3 months ended Jan. 31.

Although dragged down by a tough European climate, focusing on group purchasing organization and service revenues kept the company’s sales from sliding, the cardiorespiratory diagnostic systems maker said.

Filed Under: MassDevice Earnings Roundup, News Well, Wall Street Beat Tagged With: Alphatec, Angeion Corp., Exactech Inc., iCad Inc., InSite Vision Inc., MedPro Safety Products, MiMedx Group Inc., Mindray Medical International Ltd., Natus Medical Inc., Q4, Viking Systems Inc.

Cordis CSO Rogers departs for HeartFlow | Personnel Moves

February 15, 2012 By MassDevice staff Leave a Comment

HeartFlow

Campbell Rogers is leaving his post as chief scientific officer for Johnson & Johnson’s (NYSE:JNJ) Cordis Corp. – a role created for him in July 2006 – to take the chief medical officer job at startup HeartFlow.

Filed Under: Diagnostics, News Well Tagged With: AccuVein Inc., Amedica, Amgen, Angeion Corp., AxoGen, BG Medicine Inc., BSD Medical Corp., Cordis Corp., Delcath Systems Inc., HeartFlow, Hospira Inc., Invacare, Johnson and Johnson, M*Modal, Owens and Minor, Personnel Moves, stericycle, Varian Medical Systems, Zonare Medical Systems Inc.

AngioDynamics CEO: Navilyst deal hits the reset button | Wall Street Beat

February 1, 2012 By MassDevice staff Leave a Comment

Updated February 1, 2012 at 5:30 p.m.

MassDevice.com Wall Street Beat

The $372 million buyout of Navilyst Medical by AngioDynamics (NSDQ:ANGO) is a reset button that will reinforce the combined operation for the future, AngioDynamics CEO Joe DeVivo told MassDevice this afternoon.

Filed Under: Initial Public Offering (IPO), MassDevice Earnings Roundup, Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: Abiomed, aligntechnology, Angeion Corp., AngioDynamics, becton dickinson, Boston Scientific, C.R. Bard, Cynosure Inc., Danaher Corp., Edwards Lifesciences, Exactech Inc., Executive Compensation, Greenway Medical Technologies Inc., Haemonetics, Intuitive Surgical, Navilyst Medical Inc., Q4, Smith & Nephew, stjudemedical, Stryker, Thoratec Corp., Zoll Medical

Ortho stocks up on strong Q2 prelims for Biomet | Earnings Roundup

December 20, 2011 By MassDevice staff Leave a Comment

Biomet

Shares of orthopedic device makers are up this morning after bellwether Biomet Inc. reported preliminary sales numbers indicating 3.8% growth for its fiscal second quarter.

Filed Under: MassDevice Earnings Roundup, News Well, Orthopedics, Wall Street Beat Tagged With: Analogic, Angeion Corp., Biomet, Cantel Medical Corp., cyberonics, Hamilton Thorne Inc., LED Medical Diagnostics Inc., Mauna Kea Technologies, mazorrobotics, Optos Inc., Q4, Rectractable Technologies, Sectra, SeraCare Life Sciences Inc., Sirona, SOLOS Endoscopy Inc., Synergetics USA Inc., Synovis Life Technologies Inc., World Heart Corp.

AngioDynamics’ Q1 sales rise, profits slump | Wall Street Beat

October 7, 2011 By MassDevice staff Leave a Comment

AngioDynamics

AngioDynamics (NSDQ:ANGO) saw its first-quarter profits slump despite posting a 5.7 percent top-line increase during the three months ended August 31.

The Albany, N.Y.-based medical device maker reported net income of $1.4 million, or 5 cents per share, on sales of $54.4 million for the quarter. That compares with profits of $1.9 million, or 8 cents EPS, on sales of $51.5 million during the same period last year.

Filed Under: MassDevice Earnings Roundup, News Well, Radiosurgery/Radiation therapy, Wall Street Beat Tagged With: Abbott, Angeion Corp., AngioDynamics, Cardiovascular Systems Inc., Kinetic Concepts Inc., Q3

Angeion reports losses in its Q3 numbers, blames CEO changes | Earnings Roundup

September 2, 2011 By MassDevice staff Leave a Comment

Angeion logo

Angeion Corp. slipped into the red during the third quarter, reversing a $136,000 profit into an $81,000 loss for the three month period that ended on July 31, 2011.

Officials at the St. Paul, Minnesota-based cardiorespiratory diagnostic device maker blamed the reversal on legal fees and severance payouts to former CEO Philip Smith, who the company sacked after just five months on the job.

Smith was named Angeion’s CEO in November 2010, but departed after less than six months in charge.

Filed Under: MassDevice Earnings Roundup, News Well, Wall Street Beat Tagged With: Aethlon Medical Inc., Angeion Corp., Q2, Synovis Life Technologies Inc., Unilife Corp.

NxStage Medical adds Yale professor to scientific advisory board | Personnel Moves

July 20, 2011 By MassDevice staff Leave a Comment

MassDevice.com Personnel Moves

Here’s the latest personnel changes from medical device, diagnostics and life science companies around the nation. For more recent hirings and firings, check out MassDevice’s compilation of the latest personnel moves.

Filed Under: Business/Financial News, News Well Tagged With: Angeion Corp., Benvenue Medical Inc, NxStage Medical Inc., Personnel Moves, Practice Fusion, Sonova Holding AG, Sparta Systems, The Cooper Cos.

Angeion reports modest progress in second quarter earnings

May 27, 2011 By MassDevice staff Leave a Comment

MassDevice.com Earnings Roundup

Angeion Corp.’s (NSDQ:ANGN) FY2011 earnings for its second quarter ending April 30 reported $138,000, or 4 cents per diluted share, in losses, 75.3 percent better than the $559,000 in losses, or 13 cents per diluted share, for the same time last year.

The decreased losses amount to a 69.2 percent difference for the company’s diluted share value.

Sales decreased by less than 1 percent from second quarter FY2010’s $6.9 million to $6.8 million, reported for the second quarter this year.

Filed Under: MassDevice Earnings Roundup, News Well Tagged With: Angeion Corp., Sectra, Sonova Holding AG

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