Amazon (NSDQ:AMZN) has picked up well-known cardiologist Dr. Maulik Majmudar for a new role within the company as it looks to continue its foray into healthcare, according to a recent CNBC report. The announcement was made by Majmudar himself on Twitter, according to the report, though he did not state what his specific role within the […]
NuVasive, Siemens ink spinal surgery joint dev deal
NuVasive (NSDQ:NUVA) said yesterday it inked a strategic partnership deal with Siemens (NYSE:SI) Healthineers looking to develop and advance technology designed for minimally invasive spinal surgery. Through the deal, dubbed the Spine Precision Partnership, the companies will look to jointly advance their proprietary technologies, looking to improve operating room workflow efficiency and the delivery of minimally disruptive spinal […]
NuVasive posts street-beating Q2
Updated to correct revenues to $281.6 million and indicate that the company beat Wall Street expectations for sales. Shares in NuVasive (NSDQ:NUVA) have stayed stable in after-hours trading after the medical device maker beat earnings per share expectations but missed sales consensus on Wall Street with its second quarter earnings. The San Diego-based company posted profits […]
NuVasive wins FDA nod for Pulse spinal surgical automation platform
NuVasive (NSDQ:NUVA) said today it won FDA 510(k) clearance for its Pulse spinal surgical automation platform. The newly cleared Pulse system includes both 2D and 3D navigation and smart imaging capabilities with integrated neuromonitoring, surgical planning, radiation reduction and patient-specific rod bending tech, the San Diego-based company said. “Pulse seamlessly integrates multiple intraoperative technologies through an intuitive […]
NuVasive launches Reline MAS midline spine implant system
NuVasive (NSDQ:NUVA) said today it launched its Reline MAS midline system designed to treat adjacent segment transition syndrome. The newly launched system features low-profile modular implants and system instrumentation designed for alignment and the potential reduction of adjacent segment transition syndrome, the San Diego-based company said. “RMM posterior fixation represents the most advanced midline cortical pedicle […]
Analyst’s rating changes push Cardiovascular Systems up, NuVasive and Globus down
Ratings changes by an analyst with Bank of America-Merrill Lynch elevated one medical device company’s stock today in pre-marker trading but pushed two others down. Appearing this morning on Bloomberg television, BAML’s Bob Hopkins said Wall Street isn’t foucsed enough on the July 31 investor day at Cardiovascular Systems (NSDQ:CSII), according to Seeking Alpha. The St. Paul, […]
NuVasive launches AttraX scaffold bone graft biologic
NuVasive (NSDQ:NUVA) said today it launched its AttraX scaffold ceramic-collagen bone graft in the US, touting that the scaffold’s surface has been shown to increase bone formation for faster fusion than standard ceramic bone grafts. The San Diego-based company claims that the Attrax scaffold features a unique microstructure and microporosity that are optimized for bone formation, […]
BD lifts Bard vet DeFord to CTO | Personnel Moves – June 4, 2018
Becton Dickinson (NYSE:BDX) said last Friday it is lifting former C.R. Bard science, technology and clinical affairs senior VP John DeFord to the role of chief technology officer and exec VP. Since acquiring Bard in a $24 billion deal that closed last December, DeFord has served as BD interventional segment R&D SVP, the Franklin Lakes, N.J.-based company […]
NuVasive misses EPS estimates, posts red ink in Q1
NuVasive (NSDQ:NUVA) today posted first quarter earnings that missed the Street on non-GAAP earnings per share and saw profits turn to losses. The San Diego, Calif.-based company posted losses of $27.1 million, or 53¢ per share, on sales of $260.5 million for the three months ended March 31, seeing an over 300% shift into the red […]
NuVasive touts Porous PEEK interbody implant study
NuVasive (NSDQ:NUVA) yesterday released results from a study of the company’s Porous PEEK material compared against titanium-coated PEEK and smooth PEEK material used in interbody fusion devices, touting advantages of its proprietary materials. Results from the study were published in The Spine Journal. In the study, researchers compared interbody implants composed of titanium-coated PEEK, smooth PEEK […]
Second Sight Medical taps Blake as CFO | Personnel Moves – March 27, 2018
Second Sight Medical (NSDQ:EYES) said last week it named John Blake as its new chief financial officer, succeeding Thomas Miller who has held the position since 2014. Before joining Second Sight Medical, Blake acted as finance senior VP at Tyr Pharma, and has held positions with Volcano Corp and BD Biosciences, the company said. Blake worked with […]
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