Masimo (Nasdaq:MASI) announced that a two-part retrospective study demonstrated the impact of its SafetyNet monitoring system. Irvine, California-based Masimo’s study, led by Dr. Hemali Patel and colleagues at the University of Colorado and UC Health (UCH) in Aurora, Colorado, evaluated the impact of remote patient monitoring of COVID-19 patients using SafetyNet on hospital length of […]
Masimo
Masimo shareholders vote ‘no’ on executive pay
Masimo (Nasdaq: MASI) shareholders recently voted to advise against the company’s compensation package for top executives. About 52.6% of voting shareholders voted against the patient monitoring tech company’s handling of executive pay in what’s known as the Say-on-Pay vote, according to vote results of the May 26 meeting filed with the SEC yesterday. The vote […]
Masimo beats Street in Q1 — even with ‘unexpected’ supply chain issues
Masimo (Nasdaq:MASI) stock is up today, a day after first-quarter results that topped the consensus forecast. MASI shares were up more than 5% at $124.05 apiece by the late morning. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — was down slightly. The Irvine, California-based company posted profits […]
Masimo announces limited consumer release of W1 health watch
Masimo (Nasdaq: MASI) today announced that it will make its much-anticipated W1 health watch available to 10,000 early adopters. The select group can buy the W1s on a first-come, first-served basis at a 50% discount, according to Masimo. The goal is to collect feedback from the early adopters as the Irvine, California–based company better refines […]
Masimo says study supports using SedLine brain monitoring during cardiac surgery
Masimo (Nasdaq:MASI) announced today that a retrospective study backed the use of its SedLine brain function monitoring system. Irvine, California-based Masimo’s study investigated the impact of anesthesia during cardiac surgery guided by SedLine monitoring. The company published the findings in the Journal of Cardiothoracic and Vascular Anesthesia. According to a news release, Dr. André Denault and […]
Masimo completes acquisition of Sound United
Masimo (Nasdaq:MASI) announced today that it completed its previously announced acquisition of Sound United. Irvine, California-based Masimo announced in February that it would spend $1.025 billion to acquire Viper Holdings, the parent company of Sound United. Wall Street’s response saw Masimo’s stock drop by 35%, with analysts unsure about the consumer tech acquisition, saying it […]
FDA clears Masimo SedLine brain function monitor, EEG for pediatrics
Masimo (NSDQ:MASI) announced today that it received FDA clearance for its SedLine monitoring and SedLine pediatric EEG sensor. Clearance covers Sedline brain functioning monitoring for pediatric patients (between one and 17 years of age), along with the pediatric EEG sensor. Irvine, California-based Masimo said in a news release that the clearance expands SedLine’s benefits to […]
Investors may have overreacted over Masimo
The Street appears to be reassessing its reaction to Masimo’s plans to spend $1.025 billion to acquire Viper Holdings, the parent company of Sound United. Masimo (NASDAQ:MASI) stock lost a third of its value the day after the patient monitoring tech company announced its acquisition plans this week. While MASI shares are still down more than […]
Masimo stock falls as The Street ponders $1B Sound United acquisition
Masimo (NSDQ:MASI) stock lost a third of its value the morning after the company said it would spend $1.025 billion to acquire Viper Holdings, the parent company of Sound United. Sound United is behind consumer tech brands making high-end sound and home theater systems, including Bowers & Wilkins, Denon, Polk Audio and Marantz. “We see […]
How medtech fared in the first waves of the pandemic
Medtech industry revenue, research spending and employment declined in the first year of the COVID-19 pandemic, according to a Medical Design & Outsourcing analysis of financial data. Total sales, R&D spending and employment for the world’s largest medical device companies declined in 2020 and early 2021, according to a Medical Design & Outsourcing analysis tallying the ongoing pandemic’s initial […]
Masimo seeks to boost automation of newborn screenings in Europe
Masimo (NSDQ:MASI) announced earlier this week that it launched a new patient monitoring and connectivity hub. The first application of Dual SET Oximetry for Root offers a significant advancement to the company’s Masimo SET-guided critical congenital heart disease (CCHD) screening, according to a news release. Masimo will combine the platform with the CE-marked Masimo SET […]
