Integra Lifesciences CFO Carrie Anderson is leaving to take a job at another New Jersey–based company, but it’s not a medtech business. Campbell Soup Co. announced today that Anderson will become its EVP and CFO, effective Feb. 6. She succeeds Mick Beekhuizen, who became president of the Camden, New Jersey–based company’s Meals & Beverages division […]
Integra LifeSciences
Integra LifeSciences completes Surgical Innovation Associates acquisition
Integra LifeSciences (Nasdaq:IART) announced today that it completed its acquisition of Surgical Innovation Associates (SIA). Princeton, New Jersey-based Integra announced that it agreed to acquire SIA last week. SIA develops, markets and sells the DuraSorb resorbable synthetic matrix for plastic and reconstruction surgery. Integra believes the acquisition advances its global strategy in breast reconstruction. The deal expands […]
Integra LifeSciences to acquire Surgical Innovation Associates
Integra LifeSciences (Nasdaq:IART) announced today that it entered into a definitive agreement to acquire Surgical Innovation Associates (SIA). SIA develops, markets and sells the DuraSorb resorbable synthetic matrix for plastic and reconstruction surgery. Princeton, New Jersey–based Integra said in a news release that the acquisition advances its global strategy in breast reconstruction. The deal expands […]
Integra Lifesciences rises on Street-beating Q3 results
Integra Lifesciences (NSDQ:IART) today posted third-quarter results that beat the overall consensus on Wall Street. The surgical and medical instrument maker reported profits of $49.9 million, or 60¢ per share, on sales of $385.2 million for the three months ended Sept. 30, 2022. The Q3 results represent a bottom-line gain of 15.5% on a sales loss […]
Integra’s CereLink ICP Monitor recall is Class I
The FDA has labeled the recall of the Integra LifeSciences (Nasdaq:IART) CereLink system as Class I, the most serious kind. Integra designed its CereLink system for intracranial pressure (ICP) monitoring. Last week, the company announced an immediate, voluntary global product removal of the systems. An FDA notice classified the U.S. recall, initiated by Integra on […]
Integra Lifesciences voluntarily recalls CereLink intracranial pressure monitors
Integra LifeSciences (Nasdaq:IART) announced today that it initiated an immediate, voluntary global product removal of CereLink. The company on Aug. 18, 2022, initiated the product removal of all CereLink intracranial pressure monitors as a result of customer reports about monitors whose pressure readings were out of range. According to a news release, Integra believes that […]
Integra founder Richard Caruso has died
Integra LifeSciences (Nasdaq:IART) today announced the passing of Richard Caruso, its founder and former chair and CEO. NJBIZ says he was 79. Caruso founded Princeton, New Jersey–based Integra in 1989 with the aim of enabling the human body to regenerate its own damaged or diseased tissue. According to a news release, Caruso paved the way […]
Integra dips despite Street-beating Q2, plans to divest traditional wound care business
Integra Lifesciences (NSDQ:IART) shares were down today despite second-quarter results that came in ahead of the consensus forecast. The surgical and medical instrument maker also announced that it inked an agreement in May to sell its traditional wound care business — including sponges, gauze and conforming bandages and advanced wound care dressings — to Gentell […]
Integra Lifesciences beats The Street in Q1
Integra Lifesciences (NSDQ:IART) posted first-quarter results that beat the overall consensus on Wall Street. The Princeton, N.J.-based surgical and medical instrument company reported profits of $32.9 million, or 39¢ per share, on sales of $376.6 million for the three months ended March 31, for a bottom-line loss of 27.5% on sales growth of 4.6% compared […]
Integra Lifesciences beats The Street in Q4 results
Integra Lifesciences (NSDQ:IART) today posted fourth-quarter results that beat the overall consensus on Wall Street. The Princeton, N.J.-based surgical and medical instrument company reported profits of $45.4 billion, or 53¢ per share, on sales of $405.5 million for the three months ended Dec. 31, 2021, for a sales growth of 4.34% compared with Q4 2020. […]
12 of medtech’s biggest personnel changes in 2021
As medtech companies continued to drive innovation throughout the past 12 months, a number of high-level executives led the way. Some of those companies and those executives opted for major changes over the course of 2021, though, with some high-profile moves from medtech giant to medtech giant. Here are some of the biggest personnel moves […]