Everyone has a story about how they got into medtech, and it’s no surprise that many of those stories start with how we were raised. As Mother’s Day approaches, Medical Design & Outsourcing asked medtech leaders to share some thoughts about how their moms inspired their careers, the products they make and the companies they’ve built. We […]
Hologic
Medtech CEOs sound off on semiconductor shortage, pushing Biden administration for prioritization
AdvaMed continues to push the Biden administration to prioritize medical device manufacturers for semiconductor supplies. With medtech companies still struggling to source chips amid a global shortage, the industry association held a meeting this week with some of its members and Secretary of Commerce Gina Raimondo to make their case. “Semiconductor chips are crucial to […]
Hologic handily beats the Street with Q2 results
Hologic (Nasdaq:HOLX) posted second-quarter results today that solidly exceeded the consensus forecast on Wall Street and increased its outlook for the rest of the year. Marlborough, Massachusetts–based Hologic reported profits of $455.7 million, or $1.80 per diluted share, on sales of $1.436 billion for the three months ended March 26, 2022. That was a bottom-line […]
Hologic opens new innovation center in France
Hologic (Nasdaq:HOLX) announced today that it opened its new innovation center in Aix-en-Provence, France. Marlborough, Massachusetts-based Hologic’s new innovation center follows on the back of the company’s 2019 acquisition of Aix-en-Provence-based SuperSonic Imagine, supporting its commitment to the EMEA (Europe, the Middle East and Africa) region. According to a news release, the new commercial office, […]
Hologic becomes global sponsor of women’s professional tennis
Hologic (NSDQ:HOLX) and the Women’s Tennis Association announced a partnership making Hologic the global title sponsor of the WTA Tour. The multi-year alliance represents the largest global sponsorship in WTA history, as well as Hologic’s first worldwide sponsorship. According to a news release, the partnership aims to achieve “significant progress through a shared vision of […]
Hologic beats the Street with first quarter earnings ahead of Super Bowl ad debut
Hologic (NSDQ:HOLX) posted fiscal first-quarter results today that beat the consensus forecast on Wall Street and increased its outlook for the rest of the year. “We expect upside from COVID-19 testing, plus organic growth in our base Diagnostics and Surgical businesses, to offset headwinds from supply chain challenges in our Breast Health business,” CFO Karleen […]
Hologic says Q1 results will be better than expected
Hologic (Nasdaq: HOLX) announced preliminary Q1 revenue numbers that beat its previous projections, as well as the expectations of The Street. The Marlborough, Massachusetts–based company brought in revenue of roughly $1.47 billion for the quarter ended December 25, 2021, down 8% from the same quarter a year before but well above its most recent guidance […]
Hologic launches new high-volume molecular testing platform
Hologic (NSDQ:HOLX) announced today that it completed regulatory steps allowing it to make Panther Trax available across a number of geographies. Marlborough, Massachusetts-based Hologic’s launch of Panther Trax offers a new addition to its Panther scalable solutions (PSS) portfolio of products, enhancing lab automation through the physical linking of multiple Panther instruments into a single […]
Baxter, 3M, Abbott near the top of Newsweek’s most responsible companies list
Several medtech, healthcare and life sciences companies, including big names like Abbott (NYSE:ABT), 3M (NYSE:MMM) and Baxter (NYSE:BAX), are among the 500 “most responsible,” according to Newsweek. The outlet published its “America’s Most Responsible Companies 2022” list, marking the third installment of the compilation (in partnership with Statista), this time expanded to include 500 of […]
Hologic completes $160M acquisition of Bolder Surgical
Hologic (NSDQ:HOLX) announced today that it closed its previously announced $160 million purchase of Bolder Surgical. Marlborough, Massachusetts-based Hologic said just last month that it agreed to a deal that would see it acquire Louisville, Colorado-based developer and manufacturer of advanced energy vessel-sealing surgical devices. According to a news release, Hologic’s acquisition of Bolder adds laparoscopic […]
COVID-19 test makers say their products also detect Omicron
Abbott, BD, Hologic, PerkinElmer and Thermo Fisher are reassuring the public that their COVID-19 tests detect the Omicron variant. Discovered last week in South Africa, the new variant has enough mutations that it has raised concerns worldwide — even though it is still unknown for sure whether the mutations cause greater transmissibility or vaccine evasion. […]