Medtronic (NYSE:MDT) said that it named Sean Lennon as its new chief information officer, set to take effect April 29. The Fridley, Minn.-based medtech giant said that Lennon will take over for Mike Hedges, who is retiring from the position after 19 years with Medtronic, including 10 as CIO. Prior to joining Medtronic, Lennon served as […]
iHear Medical said today it closed a $4.1 million Series C-2 round of financing, with funds slated to support the upscaling of manufacturing and distribution of its hearing products. The round was led by San Leandro, Calif.-based iHear Medical’s marketing and distribution partner Ameritas, and joined by Aphelion Capital and Lighthouse Capital. “We are excited […]
Financial projections from AngioDynamics (NSDQ:ANGO) about its $372 million deal to acquire Navilyst Medical show that it expects to reap some significant rewards from the merger over the short and long terms.