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InfuSystem

Eitan taps InfuSystem for Sapphire pump maintenance deal

August 29, 2019 By Sean Whooley

Eitan Group said today that it inked a deal with InfuSystem (NYSE:INFU) for repair services on its fleet of Sapphire infusion pumps. Madison Heights, Mich.-based InfuSystem plans to offer flat and al-la-carte options for Sapphire service and repair, citing a three-business-day turnaround goal on repairs. Get the full story at our sister site, Drug Delivery […]

Filed Under: Drug Pumps, Drug-Device Combinations Tagged With: Eitan Group, InfuSystem

InfuSystem reports Q4, FY18 financial results

March 7, 2019 By Sarah Faulkner

Shares in InfuSystem (NYSE:INFU) ticked up slightly today after the company reported its fourth-quarter and full-year financial results. The Michigan-based company posted a net loss of -$275k, or -1¢ per share, on sales of $17.6 million for the three months ended Dec. 31. Sales were down 7% compared to the same period last year. Get the full […]

Filed Under: Business/Financial News, Drug-Device Combinations, MassDevice Earnings Roundup, Oncology, Pharmaceutical, Wall Street Beat Tagged With: InfuSystem

Smiths Medical inks distro deal for infusion therapy products

March 6, 2018 By Sarah Faulkner

Smiths Medical plans to distribute its CADD infusion systems to non-hospital-based providers through a preferred partnership with Medical Specialties Distributors, the company reported today. As part of its new distribution model, Smiths will also make its infusion pumps and sets available to providers outside of the hospital setting through InfuSystem (NYSE:INFU) and Integrated Medical Systems. Get […]

Filed Under: Distribution, Drug-Device Combinations, Pharmaceutical, Wall Street Beat Tagged With: InfuSystem, Smiths Medical

Anthem exec chairman joins Proteus board | Personnel Moves – Feb. 26, 2018

February 26, 2018 By Sarah Faulkner

Proteus Digital Health announced earlier this month that Anthem‘s (NYSE:ANTM) executive chairman, Joseph Swedish, joined the company’s board of directors. Swedish served as Anthem’s president & chief executive from 2013 until he was appointed executive chairman in 2018. Get the full story at our sister site, Drug Delivery Business News.

Filed Under: Drug-Device Combinations, Pharmaceutical, Wall Street Beat Tagged With: Aerie Pharmaceuticals, Allergan, Anthem Inc., BioCorRx, BrainStorm Cell Therapeutics Inc., Chrono Therapeutics, InfuSystem, Proteus Digital Health, Reva Medical Inc.

Court dismisses class action suit against InfuSystem

February 1, 2018 By Sarah Faulkner

The U.S. District Court for the Central District of California has dismissed a class action lawsuit against InfuSystem (NYSE:INFU) alleging that the company, its ex-CEO and former chief finance executive violated federal securities laws by misleading investors with its financial statements. The case was brought against InfuSystem in Nov. 2016, after the company and its former CEO, […]

Filed Under: Drug-Device Combinations, Hospital Care, Legal News, Pharmaceutical, Wall Street Beat Tagged With: InfuSystem

Former AcuFocus CEO Mazzo moves to head Ophthamology at Zeiss | Personnel Moves, July 28, 2016

July 29, 2016 By Fink Densford

Former AcuFocus CEO Mazzo moves to head Ophthamology at Zeiss Carl Zeiss Meditec (ETR:AFX) said this week it tapped ex-AcuFocus CEO James Mazzo as the global president of its ophthalmology business as well as managing the entire company’s U.S. sales and service center. Mazzo comes from a 3-year run as president and CEO at AcuFocus, where […]

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Filed Under: Business/Financial News Tagged With: Abbott, AcuFocus Inc., Advanced Medical Optics, AngioDynamics, BrainScope Company Inc., Carl Zeiss Meditec, DJO Global, Glaukos, InfuSystem, integer, Johnson and Johnson, LifeImage Inc.

InfuSystems picks up InfusAid assets

April 18, 2016 By Fink Densford

InfuSystem Holdings (NSDQ:INFU) said today it bought the infusion pumps assets of Philadelphia-based ambulatory infusion pump provider InfusAid for an undisclosed amount. Madison Heights, Mich.-based InfuSystem said it will acquire approximately 400 infusion pumps from InfusAID as part of the purchase agreement. “Similar to our acquisition of Ciscura in 2015, the pumps we acquire from […]

Filed Under: Business/Financial News, Drug Pumps, Mergers & Acquisitions Tagged With: InfuSystem

Orthofix to restate past financials on revenue snafu | Wall Street Beat

August 7, 2013 By Brad Perriello Leave a Comment

MassDevice.com Wall Street Beat

Orthofix (NSDQ:OFIX) said an audit of its books is prompting it to restate its financial results for 2011, 2012 and Q1 2013 after discovering revenues that were improperly recognized.

Filed Under: MassDevice Earnings Roundup, Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: 2013, Abiomed, Artimplant, Bankruptcy, InfuSystem, mazorrobotics, Orthofix, Q2

Edwards to re-state financials | Wall Street Beat

February 28, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Edwards Lifesciences (NYSE:EW) said it will re-state its financial results for the first 3 quarters of 2011, “due to certain technical errors in the balance sheets and cash flow statements for these interim periods.”

The Irvine, Calif.-based heart valve maker said the errors involve the mis-statement of short-term investments as cash & equivalents, plus the way it treated tax benefits from stock plans.

Filed Under: News Well, Wall Street Beat Tagged With: AtriCure Inc., Biolase, CareFusion Corp., Deals Roundup, Dehaier Medical Systems Ltd., Edwards Lifesciences, Freedom Medical, Henry Schein Inc., InfuSystem, Intuitive Surgical, LeMaitre Vascular Inc., Miracor, Nihon Kohden, NxStage Medical Inc., Volcano Corp., wrightmedical

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