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iCad Inc.

Intersect ENT hopes to raise $80 million in newly registered initial public offering | Medtech funding for the week of June 23, 2014

June 27, 2014 By MassDevice Leave a Comment

Intersect ENT registers $80M IPO for sinus implants

June 24, 2014 by Arezu Sarvestani

Intersect ENT registers $80M IPO for sinus tech

Filed Under: Funding Roundup, News Well Tagged With: defensedepartment, Digirad Corp., EMBA Medical, EndoShape Inc., Hologic, iCad Inc., intersectent, InVivo Therapeutics, Mitralign Inc., Welch Allyn

Device makers tally $67M in Pentagon deals

June 23, 2014 By Arezu Sarvestani Leave a Comment

Device makers land $56M in Pentagon deals

The Defense Dept. handed out some $66.7 million in supply contracts to 5 medical device makers, covering Pap test kits, radiology and patient monitoring systems.

Filed Under: Funding Roundup, News Well Tagged With: Deals Roundup, defensedepartment, Digirad Corp., Hologic, iCad Inc., InVivo Therapeutics, Welch Allyn

iCad soars on Medicare reimbursement nod | Wall Street Beat

November 5, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

iCad (NSDQ:ICAD) shares nearly doubled their value on Wall Street today after the medical device company said the Centers for Medicare & Medicaid approved a big increase in the reimbursement rate for its Xoft Axxent brachytherapy device.

Filed Under: News Well, Wall Street Beat Tagged With: Abbott, Baxter, Brachytherapy, Cardia Inc., iCad Inc., InspireMD, Neurometrix, Positron Corp., Precision Optics Corp.

HeartWare closes enrollment in destination therapy trial for heart pump | Wall Street Beat

May 9, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

HeartWare International (NSDQ:HTWR) completed enrollment in a 450-patient pivotal trial considering its ventricular assist system as a destination therapy for patients with advanced heart failure.

Filed Under: Funding Roundup, News Well, Structural Heart, Wall Street Beat Tagged With: Bayer, Clinical Trials, Deals Roundup, HealthTrust Purchasing Group, HeartWare International Inc., iCad Inc., INC Research Inc., Kimberly-Clark Worldwide Inc., Medidata Solutions, NASDAQ

Abbott brass takes pay cuts | Personnel Moves

March 16, 2012 By MassDevice staff Leave a Comment

MassDevice.com Personnel Moves

The top brass at Abbott (NYSE:ABT) saw their 2011 pay packages reduced by a collective 23.9%, ranging from a 6.1% cut for chairman & CEO Miles White to a whopping 26.9% hit for pharma head Richard Gonzalez.

Filed Under: News Well Tagged With: Abbott, Allezoe Medical Holdings, Executive Compensation, iCad Inc., Personnel Moves, Stereotaxis

VCs press Senate on “IPO On Ramp” bill | Wall Street Beat

March 12, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

The National Venture Capital Assn. is spearheading a drive to get a bill through the U.S. Senate that would make it easier for small companies to raise money by going public.

The "IPO On Ramp" measure would ease the regulatory requirements for IPOs and temporarily reduce the reporting burdens imposed by the Sarbanes-Oxley Act.

Filed Under: News Well, Wall Street Beat Tagged With: Aastrom Biosciences Inc, Abbott, Allezoe Medical Holdings, Angel Investment, Angel Resource Institute, Athersys Inc., Atrium Medical Corp., Authentidate, avitamedical, Boston Scientific, C.R. Bard, CareFusion Corp., CB Insights, CJPS Healthcare Supplies & Equipment, Dexcom, Edwards Lifesciences, Flextronics, GE Healthcare, Halt Medical, iCad Inc., Intuitive Surgical, Johnson and Johnson, LensAR Inc., Mobi LLC, National Venture Capital Assn., Nihon Kohden, Nobel Biocare Holdings AG, Nuvasive, Philips, Premier Inc., Silicon Valley Bank, Smith & Nephew, Standard & Poor's, Stellar Microelectronics, Thoratec Corp., U.S. Army, U.S. House of Representatives, U.S. Senate, Venture Capital/Private Equity, Volcano Corp., Welch Allyn

Boston Scientific ties employee bonuses to overall company performance | Personnel Moves

March 5, 2012 By MassDevice staff Leave a Comment

Carrot dangling from a stick

Boston Scientific (NYSE:BSX) employees could see their annual bonus payments shrink or grow based on the device maker’s adjusted earnings per share and global sales by the end of the year, thanks to a new performance incentive plan for 2012.

The Natick, Mass.-based med-tech titan reconfigured its employee reward system, tying the total potential payout for all regions and division into a single pool, the value of which fluctuates along with the company’s performance in 2012.

Filed Under: News Well, Wall Street Beat Tagged With: Boston Scientific, Executive Compensation, iCad Inc., National Institutes of Health (NIH), Non-Invasive Monitoring Systems Inc., Personnel Moves, RoundTable Healthcare Partners, stjudemedical, Wound Management Technologies

Angeion narrows Q1 losses despite flat sales | Earnings Roundup

March 1, 2012 By MassDevice staff Leave a Comment

Angeion logo

Angeion Corp. (NSDQ:ANGN) narrowed its 1st-quarter losses despite flat sales for the 3 months ended Jan. 31.

Although dragged down by a tough European climate, focusing on group purchasing organization and service revenues kept the company’s sales from sliding, the cardiorespiratory diagnostic systems maker said.

Filed Under: MassDevice Earnings Roundup, News Well, Wall Street Beat Tagged With: Alphatec, Angeion Corp., Exactech Inc., iCad Inc., InSite Vision Inc., MedPro Safety Products, MiMedx Group Inc., Mindray Medical International Ltd., Natus Medical Inc., Q4, Viking Systems Inc.

Conceptus swaps out $50 million in senior notes | Funding Roundup

January 3, 2012 By MassDevice staff Leave a Comment

Conceptus Inc. logo

Conceptus (NSDQ:CPTS) swapped out $50 million worth of 2.25% senior notes due 2027 from a select group of holders, exchanging them for 5% notes due 2031, regulatory filings show.

The principal amount on the new notes was an even swap for the originals, which was determined in individual negotiations between Conceptus and the holders.

Filed Under: Funding Roundup, News Well, Wall Street Beat Tagged With: Clearflow, Conceptus Inc., iCad Inc., Lucid Inc., ProUroCare Medical Inc., Velomedix Inc.

Zimmer slides despite beating The Street | Earnings Roundup

October 27, 2011 By MassDevice staff Leave a Comment

Zimmer

Zimmer Holdings (NYSE:ZMH) shares are down this morning in early trading after the orthopedics giant lowered its sales and earnings guidance for 2011 – despite beating analysts’ expectations with its third-quarter earnings.

Warsaw, Ind.-based Zimmer said third-quarter profits were $192 million, or $1.01 per share, on sales of $1.03 billion for the three months ended Sept. 30, up 5.2 percent and 6.9 percent, respectively, compared with the same period last year.

Filed Under: MassDevice Earnings Roundup, News Well, Orthopedics, Wall Street Beat Tagged With: ConMed Corp., Dentsply Sirona, Hillrom, iCad Inc., Invacare, MiMedx Group Inc., Natus Medical Inc., Navidea Biopharmaceuticals, Neurometrix, Palomar Medical Technologies Inc., Q3, Zimmer Biomet

FDA approves surgical gel to stop blood flow | Regulatory Roundup

October 5, 2011 By MassDevice staff Leave a Comment

FDA

The FDA approved a surgical gel designed to temporarily stop blood flow during procedures.

The water-soluble, low-viscosity gel designed by Woburn, Mass.-based Pluromed forms a plug at body temperature to temporarily stent blood vessels without damaging them.

Filed Under: Food & Drug Administration (FDA), News Well Tagged With: American Medical Assn., Carticept Medical Inc., Cutera Inc., Eye on the FDA, Guided Therapeutics Inc., iCad Inc., JenaValve, Pluromed Inc., Regulatory Roundup, Smiths Medical

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