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Rehabilitation Equipment

ReWalk Robotics dips on Q3 prelims, registers $15m offering

October 16, 2018 By Brad Perriello

ReWalk Robotics (NSDQ:RWLK) shares took a hit today after the rehabilitation exoskeleton maker posted preliminary third-quarter sales that missed the mark on Wall Street, even as the company revealed plans for a $15 million public offering. The Yokneam, Israel-based company also registered a $14.8 million offering of stock and other securities. ReWalk said it expects […]

Filed Under: Funding Roundup, MassDevice Earnings Roundup, Wall Street Beat Tagged With: Rehabilitation Equipment, ReWalk Robotics

Ex-Invacare chief Mixon pulls the trigger on convertible shares

June 1, 2017 By Brad Perriello

Invacare (NYSE:IVC) said yesterday that the former chairman & CEO who rescued the company from the doldrums in the 1980s, Malachi Mixon III, is pulling the trigger on the more than 700,000 convertible shares he controls. The 1-for-1 exchange will take Invacare’s voting power from 40,155,366 votes to 33,820,158 votes, the Elyria, Ohio-based company said. “The conversion […]

Filed Under: Wall Street Beat Tagged With: Invacare, Rehabilitation Equipment

DJO Global’s Q1 losses widen

May 11, 2017 By Brad Perriello

Losses for DJO Global widened during the 1st quarter, despite sales growth of more than 3%, but adjusted earnings before interest, taxes, depreciation & amortization climbed 17% for the privately held medical device company. San Diego-based DJO’s losses grew 4.3% to -$40.0 million on sales growth of 3.4% to $288.4 million for the 3 months ended […]

Filed Under: MassDevice Earnings Roundup, Orthopedics, Prosthetics, Surgical, Wall Street Beat Tagged With: DJO Global, Rehabilitation Equipment

ReWalk Robotics slides on Barclays downgrade

April 3, 2017 By Brad Perriello

Shares in ReWalk Robotics (NSDQ:RWLK) are off nearly 4% today after an analyst with Barclays downgraded the stock, citing “lack of tangible progress” and increased competition from other players in the robot-assisted rehabilitation market. Barclays analyst Matthew Taylor lowered the investment house’s rating on ReWalk from “equal weight” to “underweight” and cut his price target to […]

Filed Under: Surgical Robotics, Wall Street Beat Tagged With: Rehabilitation Equipment, ReWalk Robotics

Zimmer Biomet picks up tele-rehab provider RespondWell

October 27, 2016 By Brad Perriello

Zimmer Biomet (NYSE:ZBH) said today that it paid an unspecified amount for tele-rehabilitation provider RespondWell, which it plans to fold into its recently launched Signature Solutions business. RespondWell provides personalized, clinician-supervised post-surgical physical therapy programs for patients to complete at home after joint replacement surgery. “The new value-based reimbursement environment compels hospitals and providers to assume responsibility […]

Filed Under: Mergers & Acquisitions, Orthopedics Tagged With: Rehabilitation Equipment, RespondWell, value-based healthcare, Zimmer Biomet

Invacare unloads rehab devices for $23M

September 2, 2014 By Arezu Sarvestani Leave a Comment

Invacare unloads rehab devices for $23M

Invacare (NYSE:IVC) is hoping to narrow its focus and reduce its debt after divesting its Altimate Medical subsidiary for $23 million in cash.

Filed Under: Mergers & Acquisitions, News Well Tagged With: Altimate Medical, Invacare, Rehabilitation Equipment, Rockwood Equity Partners

What does Facebook’s $2B Oculus buy bring to healthcare? | MassDevice.com On Call

March 26, 2014 By Arezu Sarvestani Leave a Comment

MassDevice.com On Call

MASSDEVICE ON CALL — New Facebook (NSDQ:FB) target Oculus VR may have some important offerings for the healthcare world, especially in imaging-based diagnostics and immersive rehabilitation therapy.

Filed Under: Diagnostics, Mergers & Acquisitions, News Well Tagged With: Facebook, Innovation, Oculus VR, On Call, Rehabilitation Equipment

Zynex wins Russian approval for NexWave and NeuroMove devices

February 19, 2014 By Chris Walker Leave a Comment

Zynex wins Russian approval for NexWave and NeuroMove devices

Zynex (OTC:ZYXI) obtained marketing clearance in Russia for both its NeuroMove and NexWave devices.

Filed Under: Emerging Markets, Neurological, Neuromodulation/Neurostimulation, News Well, Regulatory/Compliance Tagged With: Exports, Rehabilitation Equipment, Zynex Inc.

Rehab robots: Ekso Bionics goes public, raises $20.6M

January 29, 2014 By Arezu Sarvestani Leave a Comment

Rehab robots: Ekso Bionics goes IPO

California robotics company Ekso Bionics (OTCBB:EKSO) raised $20.6 million through a private placement offering and a reverse merger that made the company a wholly owned subsidiary of Ekso Bionics Holdings.

Filed Under: Funding Roundup, Initial Public Offering (IPO), News Well, Surgical Robotics, Wall Street Beat Tagged With: Ekso Bionics, Rehabilitation Equipment

Rehab devices maker Zynex signs distribution deal in China

January 8, 2014 By Chris Walker

Rehab devices maker Zynex signs distribution deal in China

Zynex (OTC:ZYXI) signed a distribution deal with DIH Medical Technologies, giving DIH exclusive 5-year rights to distribute the NeuroMove stroke rehabilitation device in China.

Filed Under: Distribution, Emerging Markets, Neurological, News Well Tagged With: Deals Roundup, Distribution, Rehabilitation Equipment, Zynex Inc.

Cyberdyne’s robotic exoskeleton heads to European markets as a medical device

August 7, 2013 By Arezu Sarvestani Leave a Comment

Cyberdyne's robotic exoskeleton heads to European markets

Germany may be about to get some new robots, courtesy of Cyberdyne Inc., a Japan-based robotics company developing mind-controlled exoskeletons for medical use, rescue support, manual labor and entertainment.

Parallels to the Terminator movies aside, the robotic technology has left a fairly hefty footprint in Japan in a short amount of time, suggesting a potentially similar market abroad.

Filed Under: News Well, Regulatory/Compliance, Surgical Robotics Tagged With: Cyberdyne Inc., Rehabilitation Equipment

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