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Pro-Dex Inc.

Pro-Dex deals Oregon Micro Systems biz to GM for $640k

January 31, 2017 By Fink Densford

Pro-Dex (NSDQ:PDEX) said yesterday it sold its Oregon Micro Systems division for $640,000 to OMS Motion, a corporation formed by the division’s long time general manager Phil Brown. The Irvine, Calif.-based company’s OMS division designs and manufactures embedded multi-axis motion controllers to be sold to distributors or original equipment manufacturers in automation and research industries. “The […]

Filed Under: Business/Financial News, Mergers & Acquisitions Tagged With: Pro-Dex Inc.

MRI Interventions to shutter Memphis plant

March 20, 2015 By Brad Perriello Leave a Comment

MRI Interventions to shutter Memphis plant

MRI Interventions (OTC:MRIC) said it plans to shutter its plant in Memphis in May and lay off all the workers there as the consolidates in Irvine, Calif.

Filed Under: Neurological, News Well Tagged With: Intuitive Surgical, Layoffs, MRI Interventions, Personnel Moves, Pro-Dex Inc.

Amniox Medical taps ex-Smith & Nephew honcho Dugan for CEO | Personnel Moves

January 14, 2015 By Brad Perriello Leave a Comment

Amniox Medical taps ex-Smith & Nephew exec Dugan for CEO | Personnel Moves

Filed Under: News Well Tagged With: Amniox Medical, Arrhythmia Research Technology Inc., depuysynthes, Echo Therapeutics Inc., Johnson and Johnson, Nuvasive, OMNIlife Science Inc., Personnel Moves, Pro-Dex Inc., Senseonics, Smith & Nephew, SynCardia, Tissue Regeneration Systems, Unilife Corp.

Pro-Dex plans $3M rights offering

December 18, 2013 By Brad Perriello Leave a Comment

Pro-Dex plans $3M rights offering

Pro-Dex (NSDQ:PDEX) said the proceeds from a planned rights offering worth $3 million will go to "pursue strategic opportunities"

Filed Under: News Well, Surgical, Wall Street Beat Tagged With: AO Partners, Farnam Street Capital, Pro-Dex Inc.

NxStage Medical taps Funari to replace Chambon as chairman | Personnel Moves

April 29, 2013 By Sony Salzman Leave a Comment

NxStage Medical

NxStage Medical (NSDQ:NXTM) named Robert Funari to replace Philippe Chambon as non-executive chairman after 15 years on the medical device company’s board of directors.

Filed Under: News Well Tagged With: Cooley LLP, Dialysis, Hillrom, NxStage Medical Inc., Patient Safety Technologies Inc., Personnel Moves, Pro-Dex Inc., Surgicount

ResMed CEO Farrell hands corner office to his son | Personnel Moves

February 28, 2013 By Arezu Sarvestani Leave a Comment

fired/hired

 ResMed CEO hands corner office to his son

Filed Under: News Well Tagged With: aligntechnology, MAKO Surgical Corp., Personnel Moves, Pro-Dex Inc., ResMed Inc., Teleflex

AtriCure prices $24M stock offering | Wall Street Beat

January 16, 2013 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

AtriCure (NSDQ:ATRC) priced a public offering of nearly 3.5 million shares of stock at $7.25 per share, saying it expects net proceeds of about $23.5 million.

The West Chester, Ohio-based medical device company said it granted underwriter Piper Jaffray a 30-day over-allotment option for another 521,000 shares.

Filed Under: Diagnostics, Funding Roundup, Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: AtriCure Inc., Bellco, GSI Group, NDS Surgical Imaging, Nephros, Pro-Dex Inc.

CareFusion hits 52-week high on Q3 results | Earnings Roundup

May 7, 2012 By MassDevice staff Leave a Comment

MassDevice.com news

CareFusion (NYSE:CFN) hit a 52-week high Friday after beating Wall Street boffins’ predictions for its 3rd-quarter earnings and raising its full-year revenue guidance.

The San Diego-based medical device maker reported profits of $31 million, or 13¢ per diluted share, on sales of $919 million during the 3 months ended March 31, a top-line gain of 9.1%.

Filed Under: MassDevice Earnings Roundup, News Well Tagged With: 2012, CareFusion Corp., Pro-Dex Inc., Q1, Sirona

Amgen mourns death of founder George Rathmann | Personnel Moves

April 25, 2012 By MassDevice staff Leave a Comment

fired/hired

 Amgen mourns death of George Rathmann, founding CEO

Filed Under: News Well Tagged With: Amgen, Angeion Corp., Cantel Medical Corp., Digirad Corp., Encision Inc., LDR Holding Corp., Medical Action Industries Inc., Nephros, NovaSom, OmniGuide, Organovo, Orgenesis, Personnel Moves, Pro-Dex Inc., ReVision Optics Inc., Rockwell Medical Technologies, SafeStitch Medical, SANUWAVE Health Inc., SeraCare Life Sciences Inc.

Accuray dives despite beating The Street as losses gape | Earnings Roundup

November 9, 2011 By MassDevice staff Leave a Comment

Accuray

Accuray (NSDQ:ARAY) shares are down today after the radiosurgery company reported surging first-quarter sales and beat Wall Street’s earnings expectations, as investors reacted to net losses of nearly six times the Q1 2011 mark.

Accuray reported losses of $26.5 million, or 38 cents per share, on sales of $100.5 million for the three months ended Sept. 30. That’s top-line growth of 163.9 percent compared with the same period last year, largely due to the massive infusion that followed ARAY’s acquisition of rival TomoTherapy earlier this year.

Filed Under: MassDevice Earnings Roundup, News Well, Radiosurgery/Radiation therapy Tagged With: Accuray Inc., Bioject Medical Technologies Inc., BioMimetic Therapeutics Inc., CardioNet Inc., CAS Medical Systems Inc., Cutera Inc., Echo Therapeutics Inc., Electromed, IntriCon Corp., Kips Bay Medical Inc., Misonix, Nobel Biocare Holdings AG, Pro-Dex Inc., Q3, Tornier Inc.

Accuray slips into the red in Q4, FY2011 | Earnings Roundup

September 21, 2011 By MassDevice staff Leave a Comment

Accuray

Accuray Inc. (NSDQ:ARAY) may be the fish that swallowed the whale, but it might have bitten off more than it can chew judging from its fourth-quarter and fiscal 2011 results.

The Sunnyvale, Calif.-based radiosurgery device maker paid $300 million for its larger rival TomoTherapy in March. That acquisition sent ARAY into the red for both the quarter and full year.

Filed Under: MassDevice Earnings Roundup, News Well, Radiosurgery/Radiation therapy Tagged With: Accuray Inc., Analogic, Pro-Dex Inc., Q2, Revolutions Medical Corp., SOLOS Endoscopy Inc., TomoTherapy Inc., Visual Healthcare Corp.

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