Precision Optics (OTCQB:PEYE) has stockholders selling 760,000 shares of its common stock, but the company is not selling any securities itself in the offering. PEYE stock was trading at $1.50 per share before Precision Optics listed the offering. The company’s shares are currently listed at $1.48 per share in mid-afternoon trading today. Because Precision Optics […]
Precision Optics has raised $2 million in a new round of equity financing, according to a recently filed SEC posting. Precision Optics develops optical components for multiple fields, including the medtech industry. The Garner, Mass.-based company develops and manufactures optical and mechanical-optical components, sub-assemblies and systems including lenses, prisms, thin film coatings, optical assemblies, sinuscopes, […]
Report: CVRx CEO Yared tapped to succeed BD’s Forlenza as AdvaMed chairman Nadim Yared, the CEO of CVRx, is reportedly slated to replace Becton Dickinson (NYSE:BDX) chief executive Vincent Forlenza as chairman of AdvaMed, the medical device industry’s national lobby in Washington. It’s the 1st time the Advanced Medical Technology Assn. will have a small company’s […]
Intact Vascular said yesterday that it named medical device veteran Bruce Shook as its new president & CEO.
Masimo (NSDQ:MASI) met Wall Street’s forecast for its full-year and 4th-quarter earnings, giving its shares a 2% bump yesterday and sending them another 3% higher today.
The Irvine, Calif.-based patient monitoring systems maker reported profits of $$13.8 million, or 23 cents per share, on sales of $112.3 million for the 3 months ended Dec. 31, 2011, for a top-line increase of 6.4% but a bottom-line decline of 14.2%, compared with Q4 2010.