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Lombard Medical

MicroPort Scientific buys Lombard Medical out of bankruptcy

April 26, 2018 By Brad Perriello

Lombard Medical Technologies (NSDQ:EVAR) said today that it was acquired out of bankruptcy by MicroPort Scientific (HK:00853), which hopes to get Lombard’s stent grafts on the market in China. MicroPort put $15 million into Lombard back in December 2016 in a deal that aimed to accelerate the commercialization of Lombard’s Aorfix and Altura stent grafts for treating abdominal […]

Filed Under: Mergers & Acquisitions, Stent Grafts, Wall Street Beat Tagged With: Lombard Medical, MicroPort Scientific

Strapped for cash, Lombard Medical defaults on loan

January 16, 2018 By Brad Perriello

Strapped for cash, Lombard Medical Technologies (NSDQ:EVAR) said last week that it received a default notice from one of its lenders. The Didcot, U.K.-based stent graft maker said Oxford Finance sent the default letter Jan. 12, four days after meeting with Lombard to discuss its finances. To make matters worse, Lombard said it doesn’t have enough […]

Filed Under: Funding Roundup, Stent Grafts, Wall Street Beat Tagged With: Lombard Medical

7 medtech stories we missed this week: Sept. 29, 2017

September 29, 2017 By Danielle Kirsh

From EOI getting FDA clearance to Sanuwave’s new joint venture agreement, here are seven medtech stories we missed this week but thought were still worth mentioning. 1. EOI wins FDA nod for FLXfit15 expandable cage EOI announced in a Sept. 28 press release that it has received FDA 510(k) clearance for its FLXfit 15. The clearance […]

Filed Under: Business/Financial News, Clinical Trials, Diagnostics, Food & Drug Administration (FDA) Tagged With: Cefaly, EOI, ivwatch, Lombard Medical, MedTech, Mortise Medical, Mundimed, Sanuwave, Terumo, Varian Medical Systems

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