Dynatronics said late last month it tapped former NinePoint Medical CEO Christopher von Jako as its new chief executive officer and board member, succeeding Kelvyn Cullimore Jr. who will stay on the company’s board of directors. Prior to joining Dynatronics, von Jako acted as prez & CEO of NinePoint Medical. Before joining Nine Point, von Jako also […]
AngioDynamics
AngioDynamics takes a hit after missing Q4 numbers
AngioDynamics (NSDQ:ANGO) failed to meet expectations for its fiscal fourth quarter, sending share prices sharply down today despite a swing to black ink. Latham, N.Y.-based AngioDynamics posted profits of $2.1 million, or 6¢ per share, on sales of $88.3 million for the three months ended May 31. That compares with losses of -$12.9 million during fiscal […]
Biolitec faces $1m in fines for stalling AngioDynamics settlement
Biolitec is facing monthly fines and sanctions that could cost as much as $1 million total for interfering with AngioDynamics (NSDQ:ANGO) attempt to collect on a $75 million judgement related to an older patent dispute, according to court documents. Germany-based Biolitec was given until April 15 to provide answers to discovery requests. The company was ordered […]
AngioDynamics shares down on fiscal Q3 sales miss
Shares in AngioDynamics (NSDQ:ANGO) have fallen today after the medical device maker posted fiscal third quarter earnings that beat earnings per share expectations but fell short on sales. The Latham, N.Y.-based company posted profits of $14 million, or 37¢ per share, on sales of $83.9 million for the 3 months ended February 28, for bottom-line growth […]
AngioDynamics wins FDA fast track for NanoKnife
AngioDynamics (NSDQ:ANGO) yesterday said the FDA granted a fast-track designation for its NanoKnife device for treating Stage III pancreatic cancer. The federal safety watchdog’s Expedited Access Pathway is designed to speed medical devices through the approval process to treat conditions with no available alternatives. The EAP program will transition to the Breakthrough Devices Program once the […]
AngioDynamics wins Round 5 against Biolitec
The First Circuit U.S. Court of Appeals has denied Biolitec‘s fifth appeal of a $70 million contempt order, saying that the company essentially copied-and-pasted arguments from a previous appeal. The ruling is part of a long-running spat with AngioDynamics (NSDQ:ANGO). In 2014, Judge Michael Ponsor of the U.S. District Court for Massachusetts slapped Biolitec with a […]
AngioDynamics shares fall on Q2 sales miss
Shares in AngioDynamics (NSDQ:ANGO) have fallen today after the medical device maker missed sales expectations, despite nailing earnings per share expectations, with its second quarter fiscal 2018 earnings results. The Latham, N.Y.-based company posted profits of $249,000, or 1¢ per share, on sales of $86.7 million for the three months ended November 30, 2017, seeing the […]
Angiodynamics shares tumble on Q1 sales, EPS miss
Shares in AngioDynamics (NSDQ:ANGO) have dropped over 10% today after the medical device maker missed expectations on Wall Street with its 1st quarter results. The Albany. N.Y.-based company posted losses of $35,000, or 0¢ per share, on sales of $85.4 million for the 3 months ended August 31, seeing the bottom-line swing 102.7% into the red […]
AngioDynamics shares dip on Q4, FY2017 sales miss
Shares in AngioDynamics (NSDQ:ANGO) fell today after the medical device maker met earnings per share expectations but missed revenue expectations on Wall Street with its 4th quarter and full fiscal year 2017 earnings results. The Albany, N.Y.-based company posted losses of $10.9 million, or 30¢ per share, on sales of $86.9 million for the 3 months […]
FDA clears AngioDynamics Solero MW tissue ablation system
AngioDynamics (NSDQ:ANGO) said today it won FDA 510(k) clearance for its Solero microwave tissue ablation system, with indications for the ablation of soft tissue during open procedures. The company’s Solero MTA system features a Solero MW generator with a 2.45 GH operating frequency and specially designed Solero MW applicator. The generator can power up to 140 […]
AngioDynamics levels anti-trust suit against Bard over catheter tip locators
AngioDynamics (NSDQ:ANGO) said it leveled an anti-trust lawsuit against C.R. Bard (NYSE:BCR), alleging that the larger company illegally ties the sales of its peripherally inserted central catheters to its tip location devices. The lawsuit, filed today in the U.S. District Court for Northern New York, accuses Bard of maintaining its dominant position in the tip location market by only […]