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Echo Therapeutics Inc.

Echo Therapeutics beats whistleblower charges

December 21, 2016 By Fink Densford

Echo Therapeutics (NSDQ:ECTE) said this week it has beaten a lawsuit which the company said could drain its coffers and leave it unable to continue. The Iselin, N.J.-based company was facing a case in the U.S. District Court for Southern New York related to “various violations of the securities laws, theft of trade secrets, breach of […]

Filed Under: Legal News Tagged With: Echo Therapeutics Inc.

Echo Therapeutics touts win in whistleblower case

December 13, 2016 By Fink Densford

Echo Therapeutics (NSDQ:ECTE) this week announced a court ruling in its favor, denying a restrictive injunction and giving the company breathing room after it said last week that a long defense could drain its coffers and leave its future uncertain. The company was facing a case in the U.S. District Court for Southern New York related […]

Filed Under: Business/Financial News, Legal News Tagged With: Echo Therapeutics Inc.

Echo Therapeutics faces uncertain future in whistleblower case

December 2, 2016 By Fink Densford

Echo Therapeutics (NSDQ:ECTE) said today that its future may be in jeopardy after getting hit with a restrictive injunction related to a whistleblower case alleging securities violations, theft of trade secrets and more. The company said it is facing a case in the U.S. District Court for Southern New York related to “various violations of the […]

Filed Under: Business/Financial News, Legal News Tagged With: Echo Therapeutics Inc., Medical Technologies Innovation Asia

Siemens US CEO Spiegel to step down, Marks & Davis step up | Personnel Moves November 30, 2016

November 30, 2016 By Fink Densford

Siemens (NYSE:SI) said today that its U.S. CEO Eric Spiegel is retiring at the end of the year, with Lisa Davis slated to take the role of chair & CEO of the US-based Siemens Corporation, while Judith Marks will act as Siemens CEO U.S. Both changes are slated to go into effect January 1, 2017, according […]

Filed Under: Business/Financial News Tagged With: CryoLife, Echo Therapeutics Inc., Medtronic, MOTUS GI, Personnel Moves, Siemens, Smith & Nephew

Echo Therapeutics delists from NASDAQ, moves to OT

July 11, 2016 By Brad Perriello

Echo Therapeutics (NSDQ:ECTE) said last week that it will move its shares from the NASDAQ exchange to the OTCQB Venture Market after failing to meet NASDAQ’s shareholder equity requirement. The Iselin, N.J.-based company had until July 5 to show $2.5 million in shareholder equity but failed to meet the deadline. ECTE shares are due to begin […]

Filed Under: Diabetes, Wall Street Beat Tagged With: Echo Therapeutics Inc.

Echo Therapeutics launches pre-regulatory CGM component testing

June 29, 2016 By Fink Densford

Echo Therapeutics (NSDQ:ECTE) said today it began stand-alone component and integrated testing of its NextGen continuous glucose monitoring system prototypes and selected a clinical research organization to aid it in arranging a regulatory and clinical strategy. The Iselin, N.J.-based company is developing a non-invasive, wireless CGM for use in the outpatient diabetes market and the fitness, […]

Filed Under: Diabetes, Patient Monitoring Tagged With: Echo Therapeutics Inc.

Oversight board OKs trial for Echo Therapeutics non-invasive CGM

June 13, 2016 By Fink Densford

Echo Therapeutics (NSDQ:ECTE) said today it won Institutional Review Board approval to expand testing of its non-invasive continuous glucose monitor, which can now include both pediatric and adult subjects. The Iselin, N.J.-based company is developing a non-invasive, wireless CGM for use in the outpatient diabetes market and the fitness, weight loss and personal lifestyle wearable-health space. […]

Filed Under: Clinical Trials, Diabetes Tagged With: Echo Therapeutics Inc.

Echo Therapeutics breaks lease on Mass. lab space

July 21, 2015 By Fink Densford

Echo Therapeutics (NSDQ:ECTE) said last week it is moving its research lab from Franklin, Mass. to Littleton, Mass. and terminating its previous lease in the process. The Philadelphia-based developer of wireless glucose monitors and wearable health and fitness devices said it paid $150,000 to break the lease on its previous 37,050 square foot research facility in Franklin. […]

Filed Under: Business/Financial News Tagged With: Echo Therapeutics Inc.

Echo Therapeutics settles spat with ex-CEO Mooney

July 7, 2015 By Brad Perriello

Echo Therapeutics (NSDQ:ECTE) today said it agreed to settle an ongoing dispute with former president & CEO Dr. Patrick Mooney that arose after his sudden departure in August 2013. Mooney, a surgeon by training before he headed to the world of high finance and Wall Street, had been running things at Echo since a 2007 merger with Sontra […]

Filed Under: Legal News Tagged With: Echo Therapeutics Inc., Personnel Moves

Amniox Medical taps ex-Smith & Nephew honcho Dugan for CEO | Personnel Moves

January 14, 2015 By Brad Perriello Leave a Comment

Amniox Medical taps ex-Smith & Nephew exec Dugan for CEO | Personnel Moves

Filed Under: News Well Tagged With: Amniox Medical, Arrhythmia Research Technology Inc., depuysynthes, Echo Therapeutics Inc., Johnson and Johnson, Nuvasive, OMNIlife Science Inc., Personnel Moves, Pro-Dex Inc., Senseonics, Smith & Nephew, SynCardia, Tissue Regeneration Systems, Unilife Corp.

Ex-Boston Scientific CEO Tobin joins Oxford Immunotec board | Personnel Moves

December 3, 2014 By Brad Perriello Leave a Comment

Ex-Boston Scientific CEO Tobin joins Oxford Immunotec board | Personnel Moves

Filed Under: News Well Tagged With: Alere, Boston Scientific, Centers for Medicare and Medicaid Services (CMS), Echo Therapeutics Inc., lombardmedical, Medical Imaging & Technology Alliance (MITA), NinePoint Medical Inc., NxStage Medical Inc., Orthofix, Oxford Immunotec, Personnel Moves, Symmetry Medical Inc.

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