Avanos Medical (NYSE:AVNS) beat the consensus forecast with its first-quarter numbers yesterday, sending share prices up on Wall Street. Alpharetta, Ga.-based Avanos posted losses of -$20.3 million, or -43¢ per share, on sales growth of 5.0% to $164.2 million for the three months ended March 31, compared with profits of $20.2 million during Q1 2018. Adjusted […]
NeoMed Inc.
Sonendo closes on $27M for root canal device
Sonendo said it closed the 2nd portion of a $27 million funding round for its sonic root canal device.
Orbimed Advisors led the round, joined by new backer Themes Investment Partners and existing investors Fjord Ventures and NeoMed Management, according to a press release.
EMR-linked system matches premature babies with breast milk
Problem: 50 premature or sick newborns to feed, up to eight times a day, with their own mothers’ breast milk.
Solution: SafeBaby BMT.
For Paragon Data Systems Inc. in Cleveland, keeping track of breast milk was a complex inventory problem, said Larry Laurenzi, Paragon’s president.
So two years ago, the bar code systems integrator began devising a system to track bottles and syringes of breast milk in neonatal and pediatric intensive care units.
