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CryoLife

CryoLife buys Ascyrus Medical

September 3, 2020 By Chris Newmarker

CryoLife (NYSE:CRY) announced today that it will acquire Ascyrus Medical and its Ascyrus Medical Dissection Stent. The financial terms of the deal were not disclosed. AMDS is an aortic arch remodeling device used for the treatment of acute type A aortic dissections. The acquisition will strengthen CryoLife’s position in the growing aortic repair market, according to […]

Filed Under: Business/Financial News, Cardiovascular, Mergers & Acquisitions, Stents Tagged With: Ascyrus Medical, CryoLife

CryoLife prices $100m offering

June 19, 2020 By Sean Whooley

CryoLife Inc. (NYSE:CRY) announced today that it priced its previously announced offering of convertible senior notes at $100 million. Yesterday, the Atlanta-based company said it is offering the 4.25% notes, due in 2025, as well as a 13-day option for the initial purchaser to buy up to an additional $15 million in notes, which will be […]

Filed Under: Business/Financial News, Cardiovascular, Funding Roundup, Replacement Heart Valves, Structural Heart, Wall Street Beat Tagged With: CryoLife

CryoLife announces $100m offering

June 18, 2020 By Sean Whooley

CryoLife Inc. (NYSE:CRY) announced today that it intends to offer a private placement of convertible senior notes worth $100 million. The Atlanta-based company is offering the notes, due in 2025, as well as a 13-day option for initial purchasers to buy up to an additional $15 million in notes, which will be senior unsecured obligations of […]

Filed Under: Business/Financial News, Cardiovascular, Funding Roundup, Replacement Heart Valves, Structural Heart Tagged With: CryoLife

15 heart devices that could boost their manufacturers’ sales

May 22, 2020 By Nancy Crotti

Before the coronavirus pandemic hit, medtech companies large and small were making notable news with a number of innovative heart devices. Some of these same companies took a big hit to their bottom lines when the danger of spreading COVID-19 and using up precious personal protective equipment convinced hospitals to limit non-urgent procedures. Now hospitals […]

Filed Under: Business/Financial News, Cardiac Implants, Cardiovascular, Clinical Trials, Featured, Food & Drug Administration (FDA), Hospital Care, Implants, Regulatory/Compliance, Replacement Heart Valves, Stent Grafts, Stents, Structural Heart, Wall Street Beat Tagged With: Abbott, Aris CV, Cardiofocus, cardiovalve, CE Mark, CryoLife, endospan, FDA, Medtronic, Terumo Aortic, V-Wave

CryoLife wins CE mark for E-vita Open NEO stent graft system

March 5, 2020 By Danielle Kirsh

CryoLife Inc. (NYSE:CRY) this week said it won CE mark approval for the E-vita Open NEO hybrid stent graft system to treat aortic arch disease. The hybrid stent graft technologies allow for a one-stage procedure treatment of this condition by combining the surgical arch repair and endovascular descending thoracic repair. “We are pleased to have received […]

Filed Under: Cardiovascular, Regulatory/Compliance Tagged With: CryoLife

CryoLife wins CE Mark for ascending aortic prosthesis

February 28, 2020 By Sean Whooley

CryoLife Inc. (NYSE:CRY) announced that it received CE Mark approval for the On-X ascending aortic prosthesis (AAP) for treating native or prosthetic heart valves in the aortic position involving an ascending aortic aneurysm. The approval allows for resumed distribution of the On-X AAP in Europe, as the product has been off the market there since late […]

Filed Under: Business/Financial News, Cardiovascular, Regulatory/Compliance, Replacement Heart Valves, Structural Heart Tagged With: CE Mark, CryoLife, On-X Life Technologies

CryoLife to begin investigational trial on using aortic valve without warfarin

December 24, 2019 By Sean Whooley

CryoLife Inc. (NYSE:CRY) announced that it had its investigational new drug application accepted by the FDA for a clinical trial to observe whether the On-X mechanical aortic valve can be maintained on apixaban instead of warfarin. The On-X aortic valve is the first mechanical aortic heart valve to win FDA and CE Mark approval for labeling […]

Filed Under: Cardiovascular, Clinical Trials, Featured, Food & Drug Administration (FDA), Regulatory/Compliance, Replacement Heart Valves Tagged With: CryoLife, FDA

CryoLife, Misonix sign distribution deal for NeoPatch

December 19, 2019 By Danielle Kirsh

CryoLife this week said it signed a distribution agreement with Misonix where Misonix will have exclusive commercialization rights of NeoPatch. The NeoPatch, made by CryoLife, is a dehydrated and terminally sterilized chorioamniotic allograft that is made from human placental membrane. It is designed to treat a wide range of indications outside of cardiac and vascular […]

Filed Under: Business/Financial News, Distribution Tagged With: CryoLife, Misonix

CryoLife wins CE Mark for E-nya thoracic stent graft

December 6, 2019 By Sean Whooley

CryoLife Inc. (NYSE:CRY) announced that it received CE Mark approval for its E-nya thoracic stent graft system for minimally invasive procedures intended to repair lesions of the descending thoracic aorta, including thoracic aortic aneurysms and dissections. In December 2017, CryoLife completed the $225 million acquisition of German stent graft and surgical graft maker Jotec. Kennesaw, Ga.-based […]

Filed Under: Endoscopic, Featured, Regulatory/Compliance, Stent Grafts Tagged With: CryoLife

CryoLife, EndoSpan ink distribution deal

September 12, 2019 By Danielle Kirsh

CryoLife Inc. (NYSE:CRY) today announced that it has signed a strategic distribution and credit facility agreement with Endospan with an option to purchase the company. Kennesaw, Georgia-based CryoLife will have exclusive distribution rights to Endospan’s Nexus stent graft system in Europe. CryoLife will pay $10 million upfront and provide up to $15 million in debt financing […]

Filed Under: Business/Financial News, Cardiovascular, Featured, Mergers & Acquisitions, News Well, Stents, Wall Street Beat Tagged With: CryoLife, endospan

CryoLife gains on Street-beating Q1 sales, confirmed outlook

May 1, 2019 By Brad Perriello

CryoLife Inc. (NYSE:CRY) shares got a jump today after the medical device maker slashed its losses, beat the consensus sales forecast and confirmed its outlook on the rest of the year. Atlanta-based CryoLife reported losses of -$297,000, or -1¢ per share, on sales of $67.5 million for the three months ended March 31, reducing its […]

Filed Under: MassDevice Earnings Roundup, Wall Street Beat Tagged With: CryoLife

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