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Concentric Medical Inc.

Stryker to pay $135M for Concentric Medical

September 1, 2011 By MassDevice staff Leave a Comment

Stryker
Concentric Medical

Stryker Corp. (NYSE:SYK) agreed acquire Concentric Medical Inc. for $135 million in cash in a deal expected to close by the end of the year.

Filed Under: Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: Concentric Medical Inc., Neurovascular repair, Stryker

Boston Scientific hails results from CRT defibrillator study | Research roundup

February 10, 2011 By MassDevice staff Leave a Comment

Clinical trials roundup

Cardiac resynchronization therapy defibrillators may be more effective on women than men, according to research sponsored by Boston Scientific Corp. (NYSE:BSX).

An article on the findings published in the Journal of the American College of Cardiology Foundation reported that women with the CRT-D devices experienced a 70 percent reduction in heart failure events compared to a 35 percent reduction for men.

Filed Under: Business/Financial News, News Well Tagged With: Boston Scientific, Clinical Trials, Concentric Medical Inc.

Concentric wins Japanese coverage for its Merci stroke treatment

October 5, 2010 By MassDevice staff Leave a Comment

Concentric logo

The Japanese Ministry of Health, Labor and Welfare added Concentric Medical Inc.’s Merci Retriever to its list of covered products and treatments for ischemic stroke.

The Mountain View, Calif.-based neuro-interventional product maker claims to be the first company to offer a device treatment for stroke patients in Japan. Its Retriever device is comprised of a catheter-based system that doctors use to remove blood clots from the brains of ischemic stroke patients.

Filed Under: Business/Financial News, News Well Tagged With: Concentric Medical Inc., Gift Bans

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