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Cambridge Heart Inc.

Cambridge Heart prepares to shutter operations

February 13, 2014 By Arezu Sarvestani Leave a Comment

Cambridge Heart winds down, prepares to close

Shares of troubled Cambridge Heart (NSDQ:CAMH) continued to spiral as the company announced that it’s winding down its business operations.

Filed Under: Business/Financial News, News Well, Wall Street Beat Tagged With: Cambridge Heart Inc.

Cambridge Heart chairman, ex-CEO both resign | Personnel Moves

December 3, 2013 By Chris Walker Leave a Comment

fired/hired

Cambridge Heart (NSDQ:CAMH) said chairman and interim president Roderick de Greef and former president & CEO Ali Haghighi-Mood have both resigned from the medical device company.

Filed Under: News Well Tagged With: Baxter, Cambridge Heart Inc., Cutera Inc., Endologix, Henry Schein Inc., Hillrom, Lumenis Ltd., Personnel Moves, Syneron Medical Ltd., Unilife Corp., Vision-Sciences Inc.

Cambridge Heart jumps 35% on Q3 results

November 16, 2012 By MassDevice staff Leave a Comment

Cambridge Heart logo

Cambridge Heart (NSDQ:CAMH) remained in the red in its 3rd quarter after the company restructured its operations in July, but narrowed its losses by 16.6%.

Filed Under: MassDevice Earnings Roundup, News Well, Wall Street Beat Tagged With: 2012, Cambridge Heart Inc., Q3

Teleflex closes $276M LMA buyout | Wall Street Beat

October 24, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Teleflex (NYSE:TFX) said it’s closed the $276 buyout of surgical mask maker LMA International.

The deal brings Singapore-based LMA’s branded laryngeal mask supraglottic airway and its Intavent Direct Ltd. businesses under the Teleflex umbrella.

Filed Under: Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: AirStrip Technologies, Cambridge Heart Inc., Premier Inc., Spine Restoration, Teleflex, Zoll Medical

LeMaitre Vascular pays $5M for Neovasc’s XenoSure | Wall Street Beat

October 2, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

LeMaitre Vascular (NSDQ:LMAT) said it will pay $4.6 million for Neovasc‘s (NYSE:NVC) XenoSure vascular patch, used to repair blood vessels.

Filed Under: Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: Boston Consulting Group, Cambridge Heart Inc., Corpak Medsystems Inc., LeMaitre Vascular Inc., Merck, neovasc

CareFusion delays annual report, gets delisting NYSE warning | Wall Street Beat

September 14, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

CareFusion (NYSE:CFN) shares are down slightly today after the medical device company said it would be late in filing its annual report with the SEC, which triggered a delisting warning from the New York Stock Exchange.

CareFusion said it’s negotiating with the securities regulator over how to account for leases of its Pyxis medicine dispensing devices.

Filed Under: News Well, Wall Street Beat Tagged With: Analogic, Baxter, Cambridge Heart Inc., CareFusion Corp., HeartWare International Inc., tandemdiabetes

Abiomed swings to 2011 black on record Q4 revenues | Earnings Roundup

May 17, 2012 By MassDevice staff Leave a Comment

Abiomed logo

Abiomed (NSDQ:ABMD) set off a Wall Street roller coaster with its latest earnings release, in which the Danvers, Mass.-based heart pump maker posted its 1st profitable year in a decade and a half.

The 3 months ended March 31 made up Abiomed’s "best quarter and year in company history, in terms of number of patients supported, revenue growth, and profitability," chairman, president & CEO Michael Minogue said in prepared remarks.

Filed Under: MassDevice Earnings Roundup, News Well, Wall Street Beat Tagged With: 2012, Abiomed, Bovie Medical Corp., Cambridge Heart Inc., Echo Therapeutics Inc., Electromed, InVivo Therapeutics, Q1

Bovie swings to 2011 black | Earnings Roundup

March 30, 2012 By MassDevice staff Leave a Comment

MassDevice.com Earnings Roundup

Bovie Medical swings to 2011 black

Filed Under: MassDevice Earnings Roundup, News Well, Wall Street Beat Tagged With: Bovie Medical Corp., Cambridge Heart Inc., Daxor Corp., Dehaier Medical Systems Ltd., Derma Sciences Inc., Echo Therapeutics Inc., EDAP TMS SA, Guided Therapeutics Inc., Kips Bay Medical Inc., Lumenis Ltd., mazorrobotics, Nephros, Non-Invasive Monitoring Systems Inc., Patient Safety Technologies Inc., Q4, Response Biomedical Corp., SANUWAVE Health Inc., Stereotaxis, Tengion Inc., Vasomedical Inc., Young Innovations

HeartWare lands FDA OK for extended trial ahead of PMA review | Regulatory Roundup

March 19, 2012 By MassDevice staff Leave a Comment

MassDevice.com Regulatory Roundup

 HeartWare lands approval for a 4th round of pivotal trials for its HVAD ventricular assist device

Filed Under: Food & Drug Administration (FDA), News Well, Pre-Market Approval (PMA) Tagged With: Biovo Technologies, Boston Scientific, Cambridge Heart Inc., Cardiac Rhythm Management, Clinical Trials, Cytori Therapeutics, HeartWare International Inc., Regulatory Roundup, Sunshine Heart Inc., SurgiTools, Ulthera Inc.

“Exit hangover” casts a pall on private equity | Wall Street Beat

March 6, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Private equity players are in for some stiff competition this year, as large-cap PE shops invade the middle-market space, according to a report from PE stalwart Bain & Co.

The company’s Global PE Report details a huge “exit overhang” – more aptly deemed an “exit hangover” by PE Hub’s Jonathan Marino – as PE-backed companies seek exits.

And the mega-deals of the past 10 years or so are a thing of the past, according the report, as detailed by Marino.

Filed Under: Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: Baxter, Boston Life Labs, Cambridge Heart Inc., EndoChoice, Health Robotics, Interactive Optics, MAKO Surgical Corp., NantWorks, Natus Medical Inc., NLT Spine, Premier Inc., SeraCare Life Sciences Inc., Stereotaxis, Venture Capital/Private Equity

Carticept closes $10M round from SonoSite, others | Funding Roundup

January 19, 2012 By MassDevice staff Leave a Comment

Carticept Medical

Carticept Medical closed a $10 million financing led by existing investors Domain Associates, New Enterprise Associates and SonoSite Inc.

The Alpharetta, Ga.-based company said it will use the proceeds to fund the commercial launch of its Navigator computer-controlled drug delivery system. The device uses ultrasound guidance to deliver medications for joint pain.

Filed Under: Drug-Device Combinations, Funding Roundup, News Well Tagged With: Aribex, Bioconnect Systems, Cadence Biomedical, Cambridge Heart Inc., Canaan Partners, Cardio3 Biosciences Inc., Carticept Medical Inc., Domain Associates, Fujifilm, GE Healthcare, IBA, NeuroLogica Corp., New Enterprise Associates, Practice Fusion, SK Capital, SPR Therapeutics LLC, uptakemedical, Urologix Inc.

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