Salt Lake City-based BSD said the increase was largely due to increased sales of its MicroThermX microwave ablation device for soft tissue, according to a press release.
EndoStim added another tranche to its $16.5 million equity round, according to a regulatory filing, saying it’s added some $11.2 million to its coffers as it develops a pacemaker-like implant to treat gastro-esophageal reflux disease.
ActiveCare named new COO
ActiveCare, which makes mobile personal emergency response systems, named Michael Jones as the chief operating officer of the company.
Abbott (NYSE:ABT) said its board of directors approved the spinout of its branded pharmaceuticals business as AbbVie Inc. in which Abbott’s shareholders will receive an AbbVie share for each ABT share they own.
The distribution is slated for Jan. 1, 2013, for shareholders of record as of Dec. 12, according to a press release.
MASSDEVICE ON CALL — Researchers at the Dartmouth Institute for Health Policy & Clinical Practice criticized popular breast cancer research charity Susan G Komen for the Cure for "misusing statistics to generate false hope" about the benefits of mammogram screenings.