Cardiac Science said today it won Health Canada approval for its Powerheart G5 automated external defibrillator. The Deerfield, Wisc.-based company touted the Powerheart G5 as the 1st AED approved in Canada which combines automatic shock delivery, dual-language rescue prompting in French Canadian and English, variable escalating energy and rapid shock times. Cardiac Science said the Powerheart […]
Cardiac Science said today it inked a deal with the Boston Public Schools to supply them it its Powerheart G5 automated external defibrillators to expand the district’s AED program. The Deerfield, Wisc.-based company said the Powerheart G5 is the 1st FDA-cleared AED which combines automatic shock delivery along with dual-language rescue prompting, variable escalating energy […]
Lombard Medical Technologies (NSDQ:EVAR) said this month that its CEO Simon Hubbert and CFO William Kullback are stepping down from their positions, with Kurt Lemvigh stepping into the CEO role. Hubbert served as CEO for 6 years after joining the company in 2010, and will be replaced by Lemvigh, who has held positions with multiple companies, including […]
Schellhorn out, Emerson in as Monteris CEO Monteris Medical said last week it tapped ex-Galil Medical prez & CEO Martin Emerson as its new president and chief executive officer, replacing John Schellhorn who left earlier this year. Emerson spent 8 years as prez & CEO of Galil Medical, which was acquired in June this year […]
Aurora Capital Group affiliate Aurora Resurgence said today it completed its acquisition of automated external defibrillators Cardiac Sciences assets, concluding its restructuring and purchase. Waukesha, Wisc.-based Cardiac Science develops, manufactures and markets automated external defibrillators and related accessories, and provides training and services around the devices. “We are excited to complete this transaction in an […]
Update: Added legal information on the bankruptcy sale Private equity firm Aurora Capital Group said today it acquired the assets of Cardiac Science in a court-approved sale. The buy was approved by U.S. Bankruptcy Judge Robert Martin, and included a $65 million credit bid and an agreement from Aurora to take on other liabilities including real […]
Women’s health devices maker Viveve appoints Patricia Scheller CEO
Privately held Viveve today named Patricia Scheller CEO, also adding her to the company’s board of directors.
Scheller has spent more than 25 years in the health care industry, including as CEO of Prescient Medical and SomaLogic.
The medical technology sector must face up to a host of pressures if it wants to grow this year, according 1 analyst shop, but the leading med-tech index, the iShares DJ U.S. Medical Devices Index Fund, shows that med-tech’s momentum slowed during the first quarter.
Updated March 7, 2012, at 1:30 p.m. with comments from GE Healthcare.
MASSDEVICE ON CALL — GE Healthcare (NYSE: GE) announced another round of layoffs at its South Burlington, Vt., facility, a move it said is a result of declining demand for health care IT and performance solutions businesses.
The move is the "subsequent action" of layoffs numbering around 50 workers at the same facility last month, GE spokesman Corey Miller told MassDevice.
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