WinMed is looking for a buyer for the VariSoft guidewire developed by founder & CEO Ed Winters, inking a deal with medical device incubator Hatch Medical to broker the sale or licensing of the device. Read the full story at our sister site, Medical Design & Outsourcing.
Hatch Medical LLC
BSD Medical posts 100% Q3 sales growth | Wall Street Beat
Shares of BSD Medical Corp. (NSDQ:BSDM) are up today after the medical device company reported a more than 102% increase in fiscal 3rd-quarter sales.
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.
Covidien lands $1.5 billion credit facility | Deals roundup
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.
