Halyard Health (NYSE:HYH) said today it won FDA clearance for its Coolief cooled radiofrequency thermal system designed for treating moderate to severe chronic osteoarthritis knee pain The Alpharetta, Ga.-based company claims that the Coolief is the 1st and only RF treatment to be cleared by the FDA for relieving OA pain. “I see many patients who suffer with chronic […]
Avanos Medical (formerly Halyard Health)
Halyard Health ticks up on Q4 sales, earnings beats
Halyard Health (NYSE:HYH) shares gained today in pre-market trading after the company reported 4th-quarter results that topped the consensus forecast on Wall Street. Alpharetta, Ga.-based Halyard, the Kimberly-Clark (NYSE:KMB) spinout that debuted back in October 2014, posted profits of $10.0 million, or 21¢ per share, on sales of $410.0 million for the 3 months ended Dec. 31. That amounts […]
Halyard Health, Belintra ink sterile packaging & logistics pact
Medical technology company Halyard Health (NYSE:HYH) and Belintra, a healthcare logistics provider, will pursue a co-marketing partnership focused on improving the sterility of wrap products before they head into an operating room. The deal involves Georgia-based Haylard’s sterilization wrap products and Belintra’s storage and transport logistics flow system for wrapped surgical instrument trays. Belintra’s Sterisystem Logistics […]
Battelle, Halyard snag $14m Navy contract
Battelle and Halyard Health (NYSE:HYH) snagged a $14.4 million contract from the U.S. Navy to develop a combination drug/device medical wrap that can help protect and save severely injured limbs, both at home and in the battlefield. The Office of Naval Research awarded the 4-year contract as part of its Acute Care Cover for Severely Injured […]
Halyard battles ’60 Minutes’ story on faulty Ebola gowns
Halyard Health (NYSE:HYH) is battling a 60 Minutes story from CBS accusing Halyard of providing defective Microcool surgical gowns, meant to protect workers from blood transmitted diseases, to health care workers during the Ebola outbreak of 2014. The show reported that the gowns, which are recommended by the Centers for Disease Control and have AAMI Level […]
Halyard Health picks up Corpak Medsystems
Halyard Health (NYSE:HYH) said today it picked up enteral access solutions company Corpak MedSystems for $174 million. Corpak, a Linden Capital Partners portfolio company, develops, manufactures and markets a range of branded enternal access devices, Halyard Health said. The acquisition was funded through a combination of Alpharetta, Ga.-based Halyard Health’s on-hand cash and revolving credit facility […]
Halyard Health slides on Q2 results, cuts guidance
(Reuters) — Halyard Health (NYSE:HYH) reported a 6% fall in 2nd-quarter revenue and cut its full-year profit forecast, hurt by lower sales volume in its surgical and infection prevention business and a stronger dollar. Halyard Health, which was spun off from Kimberly-Clark (NYSE:KMB) in November, said it expects net sales growth to decline 1% to 3% percent in […]