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Kips Bay Medical Inc.

Cardiovascular Systems prices $33M offering | Wall Street Beat

March 20, 2013 By Brad Perriello Leave a Comment

MassDevice.com Wall Street Beat

Cardiovascular Systems (NSDQ:CSII) priced a public offering of some 2 million shares of CSII stock at $17.60 apiece, saying it expects to net about $33 million from the deal.

Filed Under: Cardiovascular, Funding Roundup, News Well, Wall Street Beat Tagged With: Cardiovascular Systems Inc., Gamma Medica, Imaging Acquisitions, Kips Bay Medical Inc., Minnesota, SonaCare Medical, US HIFU, Zeo Inc.

Holaira raises $10M for lung device | Wall Street Beat

February 11, 2013 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Medical device company Holaira said it drummed up $10 million, changed its name and moved its headquarters.

Formerly known as Innovative Pulmonary Solutions, Holaira said it plans to use the Series C round to develop its minimally invasive devices to treat obstructive lung disease. All of Holaira’s existing backers participated, namely Advanced Technology Ventures, Morgenthaler Ventures, Split Rock Partners, and Versant Ventures.

Filed Under: Diagnostics, Funding Roundup, News Well, Oncology, Radiosurgery/Radiation therapy, Wall Street Beat Tagged With: Accuray Inc., Holaira, Insulet, Kips Bay Medical Inc., NASDAQ, Pulmonary, Verisante Technology

Echo Therapeutics prices offering | Wall Street Beat

February 4, 2013 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Echo Therapeutics (NSDQ:ECTE) priced its public stock offering at 75¢ per share, saying it expects to raise about $10 million in gross proceeds.

The 13.3 million-share offering includes a 45-day over-allotment option for bookrunner Aegis Capital for another 2 million shares.

Filed Under: Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: Echo Therapeutics Inc., Kips Bay Medical Inc., Smiths Medical, tandemdiabetes, Teleflex, Young Innovations

Kips Bay closes $6.5M funding

January 1, 2013 By MassDevice staff Leave a Comment

Kips Bay Medical logo

Minneapolis-based device maker Kips Bay Medical (NSDQ:KIPS)  closed its $6.5 million public offering of 10,000,000 shares of its common stock, hoping to use the funds to seek regulatory approval for its eSVS Mesh system worldwide.

Filed Under: Funding Roundup, News Well, Surgical Tagged With: Kips Bay Medical Inc.

Mako Surgical prices $40M offering | Wall Street Beat

November 15, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Mako Surgical (NSDQ:MAKO) priced a stock offering of more than 3 million shares at $13.15 apiece, raising some $40 million in total.

Filed Under: News Well, Orthopedics, Robotics, Spine, Wall Street Beat Tagged With: Abiomed, Avery Dennison, Castlight Health Inc., Kips Bay Medical Inc., MAKO Surgical Corp., Practice Fusion, ZocDoc

Kips Bay lands FDA approval to begin eSVS mesh study

November 12, 2012 By MassDevice staff Leave a Comment

Kips Bay Medical logo

Kips Bay Medical (NSDQ:KIPS) won conditional FDA investigational device exemption approval for its eSVS mesh, allowing the company to begin a clinical study of the device in use during coronary artery bypass procedures.

Filed Under: Food & Drug Administration (FDA), News Well, Stent Grafts Tagged With: Clinical Trials, Investigational Device Exemption (IDE), Kips Bay Medical Inc.

Study: Kips Bay begins U.S. feasibility trial for vascular mesh

August 27, 2012 By MassDevice staff Leave a Comment

Kips Bay Medical logo

Kips Bay Medical (NSDQ:KIPS) launched the 1st feasibility trials aimed at gaining FDA investigational device clearance for its eSVS vascular mesh.

The eSVS is designed to help keep vein grafts open in patients undergoing coronary artery bypass surgery, according to the company’s brochure.

Filed Under: News Well, Stent Grafts Tagged With: Clinical Trials, Kips Bay Medical Inc.

Electromed CEO Robert Hansen retires after 20 years at the helm | Personnel Moves

May 15, 2012 By MassDevice staff Leave a Comment

fired/hired

 Electromed (NSDQ:ELMD) founder, chairman & CEO Robert Hansen relinquished control of the company after 20 years steering the ship.

Filed Under: News Well, Respiratory Tagged With: Electromed, Hillrom, Kinetic Concepts Inc., Kips Bay Medical Inc., Personnel Moves

Bovie swings to 2011 black | Earnings Roundup

March 30, 2012 By MassDevice staff Leave a Comment

MassDevice.com Earnings Roundup

Bovie Medical swings to 2011 black

Filed Under: MassDevice Earnings Roundup, News Well, Wall Street Beat Tagged With: Bovie Medical Corp., Cambridge Heart Inc., Daxor Corp., Dehaier Medical Systems Ltd., Derma Sciences Inc., Echo Therapeutics Inc., EDAP TMS SA, Guided Therapeutics Inc., Kips Bay Medical Inc., Lumenis Ltd., mazorrobotics, Nephros, Non-Invasive Monitoring Systems Inc., Patient Safety Technologies Inc., Q4, Response Biomedical Corp., SANUWAVE Health Inc., Stereotaxis, Tengion Inc., Vasomedical Inc., Young Innovations

Incoming BSX CEO Mahoney’s 2011 total tops $11.5M | Personnel Moves

March 29, 2012 By MassDevice staff Leave a Comment

fired/hired

 Boston Scientific’s Mahoney took home $11.7 million in salary and benefits in 2011

Filed Under: News Well Tagged With: Abiomed, ACR Image Metrix, Air Techniques, American College of Radiology, Ascendx Spine, Boston Scientific, BSD Medical Corp., Cardiovascular Systems Inc., CNS Response Inc., Conceptus Inc., CorMatrix Cardiovascular Inc., Delcath Systems Inc., Digirad Corp., Duke University, eMerge Health Solutions, Endologix, Epocrates Inc., Hansen Medical Inc., iSonea, Kips Bay Medical Inc., Mauna Kea Technologies, Organogenesis Inc., Personnel Moves, ViewRay Inc., Wound Management Technologies

Device tax spurs Hill-Rom to lay off 200 | Wall Street Beat

March 28, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Hill-Rom Holdings (NYSE:HRC) said it will lay off about 3% of its workforce, or roughly 200 workers, as it maneuvers to confront the medical device tax set to go into effect next year.

Filed Under: News Well, Wall Street Beat Tagged With: Allergan, AngioDynamics, Asahi Kasei Corp., Bio2 Technologies, Bioceptive, BodyMedia, Cardiovascular Systems Inc., Cerner Corp., Cetero, EDAP TMS SA, Edwards Lifesciences, GE Healthcare, Hillrom, Hitachi Medical Systems America, Insulet, Intuitive Surgical, Kips Bay Medical Inc., Layoffs, Luna Innovations Inc., McKesson Corp., Neurometrix, Opko Health Inc., Philips, Relievant Medsystems Inc., Shine Medical Technologies, Smith & Nephew, stjudemedical, Synergetics USA Inc., Tornier Inc., Vuzix, Zoll Medical

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