Medtronic (NYSE:MDT) and Hansen Medical (NSDQ:HNSN) said they are slated to present new clinical information at this year’s annual VEITHSymposium in New York City. Medtronic said today it plans to present 4-year subset data results from the ENGAGE global registry study of its Endurant AAA stent graft system. The trial analyzed patients with hostile neck anatomies treated with […]
Hansen Medical Inc.
Hansen Medical beats on Q3 EPS, announces cost reduction program
Hansen Medical (NSDQ:HNSN) released its 3rd quarter earnings yesterday, blowing the street away on losses per share but missing on revenue, and announcing a new cost-reduction policy. The company announced a cost reduction program that promises a lower break-even point of approximately $40 million, which it said will improve cash flow and allow for “further investment in new […]
Hansen touts 1st clinical use of robotic Magellan microcath driver
Hansen Medical (NSDQ:HNSN) said today its Magellan microcatheter driver has been used in its 1st clinical procedure, performing an embolization in the peripheral vasculature to treat a benign prostatic hyperplasia. The procedure was performed in Paris at the Hôpital Européen Georges Pompidou by device clinical study principal investigator Dr. Marc Sapoval and Dr. Gregory Amouyal, the […]
EnteroMedics names ex-Lanx chief Gladney as CEO | Personnel Moves
EnteroMedics (NSDQ:ETRM) said it named Dan Gladney, the former chief executive who led Lanx to an acquisition by Biomet, to be its new CEO effective Nov. 16. St. Paul, Minn.-based EnteroMedics said chairman, president & CEO Mark Knudson will become executive chairman when Gladney takes over the corner office until Jan. 1, 2016, when he will […]
Hansen debuts Magellan Mobility in the U.S.
Hansen Medical (NSDQ:HNSN) said today it launched the Magellan Mobility package for its Magellan robotic system, shipping the 1st unit to the Miami Cardiac & Vascular Institute in Florida. The Magellan Mobility package allows the Magellan robotic arm to be shared among different procedure rooms equipped to support it, allowing it to be used in many different specialized […]
Hansen Medical inks distro deal with AB Medica Sagl
Hansen Medical (NSDQ:HNSN) said today it inked an agreement with AB Medica Sagl to operate as the exclusive distributor of its Magellan robotic system in Switzerland. The Magellan system drives Magellan robotic catheters and guide wires in minimally-invasive endovascular procedures and can be controlled remotely to allow for the use of interventional fluoroscopy during the procedures without […]
Hansen Medical pulls the trigger on 1-for-10 reverse stock split
Hansen Medical (NSDQ:HNSN) this week pulled the trigger on a reverse 10-for-1 stock split in which HNSN shareholders received 1 share for every 10 they owned. The reverse split went into effect Sept. 22, according to a regulatory filing, sending HNSN shares down -13% to $4.35 apiece. The stock was trading at $4.26 per share in […]
Hansen Medical wins 510(k) for Magellan 10Fr catheter
Hansen Medical (NSDQ:HNSN) said yesterday it won FDA 510(k) clearance for its Magellan 10Fr robotic catheter with indications for use in the peripheral vasculature. The Mountain View, Calif.-based company’s robotic catheter is designed to navigate the peripheral vasculature and provide a conduit for the placement of therapeutic devices, Hansen Medical said. The catheter operates as part […]