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Positron Corp.

Bayer taps strategy head Baumann for CEO | Personnel Moves

February 24, 2016 By Brad Perriello

Bayer (ETR:BAYN) named strategy chief Werner Baumann to replace Marijn Dekkers as CEO today, prompting some industry watchers to speculate that there’s more deal-making ahead for the German firm’s non-pharma markets. Baumann, who’s slated to succeed Dekkers May 1, joined Bayer in 1988 and made a name for himself with the successful integration of rival drugmaker […]

Filed Under: Business/Financial News Tagged With: Apollo Medical, Battelle, Bayer, Bruker Corp., Calmare Therapeutics Inc, Dana-Farber Cancer Institute, DiaMedica, intersectent, Personnel Moves, Positron Corp., TherOx Inc

Positron fights creditors’ bid for involuntary bankruptcy

September 14, 2015 By Fink Densford

Cardiac imaging specialist Positron Corp. (OTC:POSC) is fighting a bid for involuntary bankruptcy issued by 3 parties who are alleging to be creditors of the company, according to an SEC filing posted last week. The Chicago-based company said it plans to oppose the petition and move to dismiss the filing, according to the SEC filing. Positron […]

Filed Under: Business/Financial News, Cardiovascular Tagged With: Positron Corp.

ViewRay tables $52m IPO | Medtech Wall Street news for the week of April 13, 2015

April 16, 2015 By MassDevice Contributors Network Leave a Comment

Report: ViewRay tables $52m IPO

April 9, 2015 by Brad Perriello

ViewRay tables $52m IPO

Filed Under: News Well, Wall Street Beat Tagged With: GI Dynamics, Perseon, Positron Corp., ViewRay Inc.

Positron conducts 1-for-400 reverse stock split

April 9, 2015 By Val Kennedy Leave a Comment

Positron conducts 1-for-400 reverse stock split

Cardiac imaging specialist Positron Corp. (OTC:POSC) said it conducted a 1-for-400 reverse stock split yesterday.

Filed Under: News Well, Wall Street Beat Tagged With: Positron Corp.

MRI Interventions taps Intuitive Surgical’s Grillo for CEO | Personnel Moves

September 11, 2014 By Brad Perriello Leave a Comment

MRI Interventions taps Intuitive Surgical's Grillo for CEO | Personnel Moves

Filed Under: News Well Tagged With: Cardinal Health, Cynosure Inc., CytoSorbents Corp., Forward Industries, Halloran Consulting Group, Hologic, Intuitive Surgical, MRI Interventions, Orthofix, Personnel Moves, Positron Corp., pSivida Corp.

iCad soars on Medicare reimbursement nod | Wall Street Beat

November 5, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

iCad (NSDQ:ICAD) shares nearly doubled their value on Wall Street today after the medical device company said the Centers for Medicare & Medicaid approved a big increase in the reimbursement rate for its Xoft Axxent brachytherapy device.

Filed Under: News Well, Wall Street Beat Tagged With: Abbott, Baxter, Brachytherapy, Cardia Inc., iCad Inc., InspireMD, Neurometrix, Positron Corp., Precision Optics Corp.

Positron Corp. touts regulatory wins in U.S., U.K.

August 22, 2012 By MassDevice staff Leave a Comment

Positron logo

Nuclear imaging device maker Positron Corp. (OTC:POSC) touted a pair of wins coming from partnerships.

Late last week the Crown Point, Ind.-based company announced FDA approval for its new cfrQuant coronary flow reserve quantification software, which was developed by the University of Texas Health Science Center in Houston under the guidance of Positron’s Dr. Lance Gould.

Filed Under: 510(k), News Well Tagged With: Positron Corp.

Biomet’s Q3 losses widen on modest top-line growth | Earnings Roundup

April 11, 2012 By MassDevice staff Leave a Comment

Biomet

Third-quarter losses mounted for orthopedic device giant Biomet Inc. as its top line enjoyed only modest growth.

Warsaw, Ind.-based Biomet posted losses of $16.5 million, on sales of $708.9 million, during the 3 months ended Feb. 29, 2012, compared with losses of $11.6 million, on sales of $678 million, during the same period last year.

Adjusted for 1-time expenses, the company’s net income for Q3 came to $55.1 million, compared to adjusted profits of $212.8 million during Q3 2011.

Filed Under: MassDevice Earnings Roundup, News Well, Wall Street Beat Tagged With: Biomet, BSD Medical Corp., Novadaq, Positron Corp.

BD to deal labware biz to Corning for $730M | Wall Street Beat

April 10, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Becton Dickinson & Co. (NYSE:BDX) said it agreed to sell its BD Biosciences – Discovery Labware unit to Corning Inc. (NYSE:GLW) for about $730 million in cash.

Filed Under: Funding Roundup, Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: Allergan, Amgen, becton dickinson, Cook Group Inc., Corning Inc., Delcath Systems Inc., NeoMatrix, Positron Corp., Premier Inc., Viking Systems Inc., WaveTec Vision, ZipLine Medical

Boston Scientific launches Pluromed’s BackStop kidney stone treatment | Wall Street Beat

April 2, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Boston Scientific (NYSE:BSX) launched its BackStop kidney stone treatment product in the U.S. and certain international markets this week.

Filed Under: Funding Roundup, Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: Arrhythmia Research Technology Inc., Boston Scientific, Bruker Corp., BSD Medical Corp., CaridianBTC, China Northern Medical Device Inc., Computer Vision Systems Laboratories, CPC of America Inc., Derma Sciences Inc., Dexcom, Edwards Lifesciences, Encision Inc., Life Core Technologies LLC, Medical Action Industries Inc., Montel Aetnastak, Neurometrix, Obalon Therapeutics, Optos Inc., Pluromed Inc., Positron Corp., Sanofi-Aventis, Siemens, Smith & Nephew, Spacesaver Corp., SpectraScience Inc., SPO Medical Inc., stjudemedical, Terumo, Vasomedical Inc., Viking Systems Inc., Volcano Corp., Winner Medical Group Inc., Wound Care Innovations, Wound Management Technologies

Medtronic lands FDA clearance, plans launch for next-gen CRM lead | Regulatory Roundup

January 30, 2012 By MassDevice staff Leave a Comment

Medtronic logo

Medtronic Inc. (NYSE:MDT) landed FDA clearance for its DF4 high-voltage right ventricular lead for use with implantable cardiac rhythm management devices.

The DF4, which builds on Medtronic’s Sprint Quattro lead, aims to help simplify the implantation process with a redesigned port and by providing visual confirmation of the lead’s connection to the device.

Filed Under: 510(k), News Well, Pre-Market Approval (PMA) Tagged With: Applied Spectral Imaging, Baxano Surgical, Baxter, Cardiac Rhythm Management, CardioKinetix Inc., Charter Medical, Covidien, Cynosure Inc., Positron Corp., Systagenix Wound Management Inc., VuComp Inc.

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