In another roller coaster year for medtech, these are the companies that saw their stock rise and fall the most drastically. The MassDevice MedTech 100 Index, which includes stocks of the world’s largest medical device companies, reflects the performance of many in the medtech space. In a tough year for a lot of businesses, the Index […]
Merit Medical Systems
Merit Medical announces launch of ‘EZ’ radial compression device
Merit Medical Systems (NASDAQ: MMSI) today announced the U.S. launch of its PreludeSync EZ radial compression device. South Jordan, Utah–based Merit Medical described the PreludeSync EZ as a unique cinch-style wristband. The company designed it to provide precise two-handed placement and clear visibility of the access site. The goal is to optimize bleeding prevention for […]
Merit Medical appoints new chief commercial officer
Merit Medical Systems (Nasdaq:MMSI) announced that it promoted longtime executive Joe Wright to chief commercial officer. Wright’s new role includes responsibility for spearheading the company’s overall commercial strategy. The 17-year Merit veteran most recently served as president of the company’s international business and led units across the Asia Pacific (APAC) region and the Americas. He […]
Merit Medical rises on Street-beating Q3, raised guidance
Merit Medical Systems (Nasdaq:MMSI) shares are up today — a day after it reported Q3 results that topped the consensus forecast. The South Jordan, Utah-based disposable medical device maker announced yesterday evening that it posted profits of $15.3 million in the quarter. That amounts to 27¢ per share. Merit registered sales of $287.2 million for […]
Merit Medical Systems launches soft tissue biopsy system
Merit Medical Systems (Nasdaq:MMSI) announced today that it launched the Temno Elite soft tissue biopsy system in the U.S. South Jordan, Utah-based Merit designed Temno Elite for use in various soft tissue locations. This includes the liver, lung, lymph nodes, kidney, and other soft tissue suspect lesions. The single-use device complements a broader portfolio, the […]
Merit Medical launches new Prelude Roadster guide sheath
Merit Medical Systems (Nasdaq:MMSI) announced today that it commercially released its Prelude Roadster guide sheath. South Jordan, Utah-based Merit designed its Prelude Roadster for deliverability, visibility, and resilience in tortuous peripheral vasculature anatomies. It helps to deliver devices used to diagnose and treat patients with peripheral artery disease (PAD). Get the full story at our sister […]
Merit Medical more than doubles profits in Q2, raises guidance
Merit Medical (Nasdaq:MMSI) posted second-quarter results this week that exceeded the consensus forecast on Wall Street. The South Jordan, Utah-based disposable medical devices maker reported profits of $15.3 million, or 27¢ per share, on sales of $294.98 million for the three months ended June 30, for a bottom-line gain of 211.2% on sales growth of […]
The biggest medtech personnel moves so far in 2022
In the ever-changing world of medtech, those who are leading the companies are bound to move around a bit. At the end of last year, we compiled a list of medtech’s biggest personnel changes in 2021. So far in 2022, we’ve already seen a slew of major moves involving some of the space’s most powerful […]
Merit Medical launches smallest, shortest configuration of pulmonary balloon dilator
Merit Medical Systems (Nasdaq:MMSI) announced today that it launched the smallest and shortest configuration of its Elation portfolio. South Jordan, Utah-based Merit designed its new Elation pulmonary balloon to allow physicians to accurately match balloon diameter and length to specific small airways in the lungs, offering treatment options to more patients through an expanded range […]
Merit Medical dips on Street-beating Q1 results
Merit Medical (NSDQ:MMSI) this week posted first-quarter results that beat the overall consensus on Wall Street. The South Jordan, Utah-based disposable interventional medical device maker reported profits of $10.5 million, or 18¢ per share, on sales of $275.4 million for the three months ended March 31, for a bottom-line loss of 3.8% on sales growth of […]
Merit Medical chief operating officer retires
Merit Medical Systems (Nasdaq:MMSI) recently announced that chief operating officer Ronald Frost is retiring and Neil Peterson will succeed him, effective immediately. Peterson has been with the South Jordan, Utah–based company for 27 years and has held numerous leadership roles. He most recently served as VP of operations, where he was responsible for oversight of […]
