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IVAX Diagnostics Inc.

Taris closes $18.3 million round

April 13, 2011 By MassDevice staff Leave a Comment

Funding Roundup

Taris Biomedical Inc. drummed up $18.3 million in its latest funding round.

Lexington, Mass.-based company said the equity-based B round will support its lidocaine delivery technology developed at MIT to treat bladder conditions.

Third Rock Ventures, a new backer for the company, led the round, and previous investors Flagship Ventures, Flybridge Capital Partners and Polaris Venture Partners also participated in the financing.

Filed Under: News Well Tagged With: Biolase, DJO Global, IsoRay, IVAX Diagnostics Inc., Lantheus Medical Imaging, Mirador Biomedical Inc., Pressure BioSciences Inc., Taris Biomedical, Tarpon Biosystems Inc.

Syneron sees 250 percent jump in sales in 2010 | Earnings roundup

March 29, 2011 By MassDevice staff Leave a Comment

MassDevice.com Earnings Roundup

Syneron Medical Ltd. (NSDQ:ELOS) reported a 250 percent increase in sales during 2010, as the aesthetic device maker began to see some payoff from its 2009 acquisition of Candela Corp.

Syneron, a Yokneam, Israel aesthetic device company reported $189 million in sales during the year ending on Dec. 31, 2010, compared to $54 million for the same period last year. Much of that increase is directly attributed to products the company picked up in its $65 million acquisition of Candela Corp. in Sept. 2009.

Filed Under: MassDevice Earnings Roundup, News Well Tagged With: Cellseed Inc., IVAX Diagnostics Inc., MiMedx Group Inc., Neurologix Inc., Q4, SANUWAVE Health Inc., Syneron Medical Ltd., Tearlab Corp.

Earnings roundup: Pressure BioSciences boosts Q3 sales, cuts losses

November 17, 2010 By MassDevice staff Leave a Comment

MassDevice.com Earnings Roundup

Pressure BioSciences boosts Q3 sales, cuts losses
Pressure BioSciences Inc. (NSDQ:PBIO) reported a loss of $693,000, or 26 cents per share, on revenue of $372,000 during the three months ended Sept. 30. That compares with losses of about $776,000, or 35 cents per share, on revenue of $317,427 during the same period last year.

Filed Under: Business/Financial News, MassDevice Earnings Roundup, News Well Tagged With: HemaCare Corp., IVAX Diagnostics Inc., Microfluidics International Corp., NewCardio Inc., Pressure BioSciences Inc., Transgenomic Inc.

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