Globus Medical (NYSE:GMED) shares closed up yesterday after the orthopedics company reported preliminary fourth-quarter and 2018 sales numbers that beat the consensus forecast on Wall Street. Audubon, Pa.-based Globus said it expects to post Q4 revenues of $195.5 million and full-year sales of $712.5 million; analysts on The Street were looking for quarterly sales of $188.2 million and […]
Iridex wins FDA 510(k) for TruFocus LIO premiere ophthalmological laser
Iridex (NSDQ:IRIX) said yesterday it won FDA 510(k) clearance for its TruFocus LIO premiere ophthalmological laser accessory and that it launched the device in the US. The TruFocus LIO Premiere is a light combination and reflection viewing system designed to be used with the Iridex retina laser system, the Mountain View, Calif.-based company said. The newly […]
OD-OS claims European ophthalmic-laser patent win over Iridex
Navigated retinal laser system developer OD-OS said this week it won a European patent spat with Iridex (NSDQ:IRIX) related to ophthalmological laser systems. The German company said that the European Patent office revoked Iridex’s MicroPulse patent, which will allow OD-OS to manufacture and market its Navilas laser system in the region. The Navilas system features a […]
Iridex dives after cutting outlook on eye laser component recall
Iridex (NSDQ:IRIX) shares took a big hit today after the company said last week that it’s recalling a component used with its eye laser surgery device after receiving three reports of permanent injuries associated with it. Mountain View, Calif.-based Iridex said Feb. 23 that it’s pulling all 104 of its TriFocus Lio Premier ophthalmoscopes. The three […]
Iridex prices $16m offering
Iridex (NSDQ:IRIX) today priced a planned $16 million offering with funds slated to support possible licensing or acquisition of intellectual property or acquisitions of businesses. The Mountain View, Calif.-based company said it plans to offer 1.15 million shares at $14 per share, expecting to bring in approximately $16.1 million before expenses. The round includes a 30-day underwriter’s […]
Iridex wins CE Mark for Cyclo glaucoma laser system
Iridex (NSDQ:IRIX) said today it won CE Mark approval in the European union for its Cyclo G6 laser system designed to treat patients with Glaucoma. The Cyclo G6 system is designed specifically for treating patients diagnosed with “a range of glaucoma disease states” and features Mountain View, Calif.-based Iridex’ MicroPulse tissue-sparing technology as we ll […]
Ex-Medtronic strategy veep Oesterle joins VC shop New Enterprise Associates | Personnel Moves
Venture capital firm New Enterprise Associates said today it picked up ex-Medtronic (NYSE:MDT) executive veep Dr. Stephen Oesterle as a venture partner for the firm. Prior to being an executive veep for the medical giant, Oesterle served as senior veep of medicine and technology, and served as a member of the executive committee for 14 years, […]
BrainScope wrangles up new C-suite | Personnel Moves
Brainscope today announced a number of new assignments to its executive roster, assigning 4 new picks to its c-suite. The Bethesda, Ma.-based neurotech company picked up Dr. Leslie Prichep as chief scientific officer, Kerstin Schultz as president and COO, Angad Singh as chief technology officer, and promoted Laurie Silver to CFO. “These additions to our leadership team will help […]
Clearpath Robotics snags Intuitive Surgical design guru Hanuschik | Personnel Moves
Self-driving vehicle development company Clearpath Robotics said today it picked up Intuitive Surgical‘s (NSDQ:ISRG) director of design & management Mike Hanuschik. Hanuschik led the design and product management for Intuitive Surgical’s flagship da Vinci surgical robot system, the market leading robotic surgery platform. The da Vinci is used in over 500,000 procedures annually, according to […]
SpineVision takes new COO from Wright Medical | Personnel Moves
SpineVision pulled in former Wright Medical (NSDQ:WMGI) executive Ken Yamada as its new chief of operations for its U.S. subsidiary.
The new COO worked at at Wright for 2 years as the VP of international operations and has 17 years experience at medical companies.
Iridex receives CE Mark and FDA nod for its laser delivery system
Mountain View, Calif.-based Iridex (NSDQ:IRIX) is celebrating twin regulatory wins for its laser system to treat serious retinal diseases.
The company said it landed FDA clearance in the U.S. and the CE Mark in the EU for its TxCell scanning laser delivery system, which would help physicians deliver the laser in a multi-spot scanning mode for the treatment of serious retinal diseases, according to a press release.
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