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Fluidnet Corp.

Covidien lands $1.5 billion credit facility | Deals roundup

August 16, 2011 By MassDevice staff Leave a Comment

Covidien

Covidien Plc. (NYSE:COV) announced a new agreement for a five year $1.5 billion senior unsecured revolving credit facility, secured through subsidiary Covidien International Finance S.A.

The new agreement replaces a prior five-year senior credit facility that was slated to mature in April 2012, and the funds will be allocated for general corporate purposes, including working capital and capital expenditures.

Filed Under: Funding Roundup, Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: Covidien, Deals Roundup, Devicor Medical Products, Fluidnet Corp., Hatch Medical LLC, Hospital for Special Surgery, Immucor Inc., Innovative Orthopaedic Devices Inc., IntriCon Corp., Loquendo, Navidea Biopharmaceuticals, Nuance Communications Inc., Nuvasive, pSivida Corp., ReGear Life Sciences Inc., sironrx, transmedics

Jeff Carlisle steps down from CEO post at Fluidnet

August 23, 2010 By MassDevice staff Leave a Comment

Fluidnet logo

Fluidnet Corp. appointed Benjamin Bulkley CEO in a unamimous decision by the company’s board of directors.

Founder Jeff Carlisle stepped down as chief executive to become the Portsmouth, N.H.-based IV infusion system developer’s CIO.

Before joining Fluidnet, Bulkley was COO at health IT firm Allscripts (NSDQ:MDRX) and prior to that led the global commercial operations of life science instrument Invitrogen (NSDQ:IVGN).

Filed Under: Business/Financial News, Drug Pumps, News Well Tagged With: Fluidnet Corp.

UPDATE: Fluidnet’s CEO on its $9 million funding round

March 11, 2010 By MassDevice staff Leave a Comment

Fluidnet Corp. CEO Jeff Carlisle fairly bristles when he reads his company described as an IV infusion pump maker, as MassDevice did in the first version of this story published March 11.

His company’s system is so advanced compared with current infusion systems, he says, calling it a pump is just not accurate.

"To characterize this as an infusion pump company would be so misleading. We’re really taking a holistic look at the IV therapy process," Carlisle told MassDevice. "The information flow is an important as the fluid flow."

Filed Under: Business/Financial News, Drug Pumps, News Well Tagged With: Fluidnet Corp.

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