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Opto Circuits Ltd.

Opto’s Cardiac Sciences unit wins $23m verdict over Zoll

June 8, 2015 By Brad Perriello

Opto Circuits (India) Ltd. (BSE:532391) said the Cardiac Sciences business it bought back in 2010 won a $23 million victory over Zoll Medical in a breach of contract lawsuit. A jury in the Los Angeles Superior Court last month awarded Cardiac Sciences $23.0 million in lost royalties, stemming from a 2002 licensing agreement with LifeCor for patents […]

Filed Under: Business/Financial News, Legal News Tagged With: Opto Circuits Ltd., Zoll Medical

Aptus Endosystems lands FDA nod for abdominal aneurysm device

September 20, 2012 By MassDevice staff Leave a Comment

Aptus Endosystems lands FDA nod for abdominal aneurysm device

Filed Under: 510(k), News Well Tagged With: Aptus EndoSystems Inc., Intelomed, K2M, NLT Spine, Opto Circuits Ltd., SuperSonic Imagine S.A.

Stents: Medtronic’s subclavian approach for valve-replacement device achieved “excellent” results in clinical trial | PCR 2011 Roundup

May 19, 2011 By MassDevice staff Leave a Comment

MassDevice On Call

Medtronic Inc. (NYSE:MDT) presented positive results from a study of its CoreValve aortic valve replacement device using the subclavian artery, rather than the femoral.*

Medtronic claims the CoreValve is the only transcatheter aortic valve implantation device available for subclavian access.

Filed Under: News Well, Replacement Heart Valves, Stent Grafts Tagged With: Cordis Corp., Eurocor GmbH, Johnson and Johnson, Medinol Ltd, Opto Circuits Ltd., OrbusNeich

India’s Opto Circuits closes Cardiac Science buyout

December 7, 2010 By MassDevice staff Leave a Comment

Opto, CSCX logos

Opto Circuits (India) Ltd. (BSE:532391) closed its short-form merger with Cardiac Science Corp. (NSDQ:CSCX).

The Bangalore, India-based medical device developer acquired Cardiac Science in two steps: An all-cash tender offer for $2.30 per share, under which it bought a 77 percent stake; and a short-form merger by which it snapped up enough of the remaining shares to forego stockholders’ formal approval under Delaware law.

Filed Under: Business/Financial News, Mergers & Acquisitions, News Well Tagged With: Cardiac Sciences Corp., Opto Circuits Ltd.

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