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Rochester Medical Corp.

Bard closes $262M Rochester Medical acquisition

November 15, 2013 By Brad Perriello Leave a Comment

Bard closes $262M Rochester Medical acquisition

C.R. Bard (NYSE:BCR) closed its $262 million acquisition of Rochester Medical yesterday, giving former Rochester stockholders $20 per share and taking ROCM shares off the NASDAQ exchange.

Filed Under: Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: C.R. Bard, Rochester Medical Corp.

Rochester Medical skyrockets on $262M Bard acquisition news

September 4, 2013 By Arezu Sarvestani Leave a Comment

Rochester Medical skyrockets on $262M Bard acquisition news

Filed Under: Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: C.R. Bard, Deals Roundup, Minnesota, Rochester Medical Corp.

GPO: Premier Healthcare Alliance awards new agreements

April 19, 2013 By Sony Salzman Leave a Comment

Premier Healthcare Alliance struck a deal for blood glucose meters, reagents, and consumables and acute care service with Nova Biomedical of Waltham, Mass. and Roche Diagnostics (PINK:RHHBY) of Indianapolis, Ind.

Filed Under: News Well Tagged With: Deals Roundup, Group Purchasing Organizations (GPO), HealthTrust Purchasing Group, Premier Inc., Rochester Medical Corp., Siemens, Teleflex

Rochester Medical gains on exit from Foley Catheters business

November 7, 2012 By MassDevice staff Leave a Comment

Rochester Medical logo

Medical device maker Rochester Medical (NSDQ:ROCM) closed at a 1.2% increase yesterday after detailing its decision to exit the Foley Catheter business.

Filed Under: Catheters, News Well, Wall Street Beat Tagged With: Rochester Medical Corp.

Zimmer slides on Q1 results | Earnings Roundup

April 26, 2012 By MassDevice staff Leave a Comment

MassDevice.com Earnings Roundup

Investors sent shares of Zimmer (NYSE:ZMH) down 5% this morning in pre-market trading after the orthopedic device maker reported sales and earnings in-line with Wall Street’s expectations, but lackluster sales of hip and knee implants.

Filed Under: MassDevice Earnings Roundup, News Well, Orthopedics Tagged With: 2012, Arrhythmia Research Technology Inc., ConMed Corp., EnteroMedics Inc., Grifols, Hillrom, Hips, Invacare, Kelyniam Global Inc., Knees, Merit Medical Systems, Natus Medical Inc., neovasc, Neurometrix, Palomar Medical Technologies Inc., Q1, Rochester Medical Corp., RTI Surgical, Shire Plc., Sorin Group, Spectranetics Corp., Utah Medical, Varian Medical Systems, vascularsolutions, Young Innovations, Zimmer Biomet

Varian slides after-hours on lower Q1 profits | Earnings Roundup

January 26, 2012 By MassDevice staff Leave a Comment

Varian logo

Shares of Varian Medical Systems (NYSE:VAR) sank in after-hours trading yesterday as Wall Street reacted to shrinking profits during the company’s 1st quarter for fiscal 2012.

The Palo Alto, Calif.-based oncology and X-ray products maker posted $625 million in sales during the three months ended Dec. 30, 2011, up 7.8% from $580 million sold in the same period in 2010.

Filed Under: MassDevice Earnings Roundup, News Well, Wall Street Beat Tagged With: Biomet, BSD Medical Corp., Optos Inc., Pyng Medical, Q4, Rochester Medical Corp., Urologix Inc., Varian Medical Systems, Vasomedical Inc.

SonoSite CFO resigns, makes $3M | Personnel Moves

January 6, 2012 By MassDevice staff Leave a Comment

SonoSite (NSDQ:SONO) CFO Marcus Smith stands to pull down more than $3 million now that he’s retired from the Bothell, Wash.-based ultrasound device maker.

The company said Smith’s resignation, which went into effect yesterday, was to pursue other opportunities.

The former Philips Medical Systems exec will end up with more than $3 million in the bank after he receives all of his separation benefits, according to a company filing with the SEC.

Filed Under: News Well Tagged With: Burrill & Co., Fujifilm, Globus Medical, Imaging3, InHealth, Lantheus Medical Imaging, NewCardio Inc., NovoCure, Personnel Moves, Rochester Medical Corp., Smith & Nephew, Veniti Inc.

Smith & Nephew falls on softer orthopedic margins | Earnings Roundup

November 4, 2011 By MassDevice staff Leave a Comment

Smith & Nephew

Lower margins for Smith & Nephew’s (NYSE:SNN) bread-and-butter orthopedics division drove the British company’s third-quarter profits down nearly 3 percent for the three months ended Oct. 1.

Smith & Nephew posted profits of $133 million, or 14.9 cents per share, on sales of $1.03 billion for the quarter – a top-line increase of 9.7 percent when compared with the $941 million in revenues reported for the same period last year. But Q3 2010 profits were $137 million, or 15.4 cents per share.

Filed Under: MassDevice Earnings Roundup, News Well, Orthopedics Tagged With: Digirad Corp., Iridex Corp., Novadaq, Q3, Rochester Medical Corp., Smith & Nephew, SurModics Inc., Viking Systems Inc.

Rochester Medical Implants Relocates to New Facility in Noblesville, IN

October 17, 2011 By MassDevice Leave a Comment

NOBLESVILLE, Ind., Oct. 17, 2011 /PRNewswire/ — Rochester Medical Implants (http://www.rmi.us.com), a contract manufacturer of orthopaedic implants and precision products, announced today that it has relocated corporate offices and manufacturing operations to their new facility in Noblesville, Indiana. In acknowledgement of the location change, the company will change its name to RMI. Website and email addresses will be unaffected….

http://www.prnewswire.com/news-releases/rochester-medical-implants-relocates-to-new-facility-in-noblesville-in-131973088.html

Filed Under: Uncategorized Tagged With: Press Release, Rochester Medical Corp.

PerkinElmer Q1 profits inch downward despite 14 percent sales increase | Earnings roundup

May 6, 2011 By MassDevice staff Leave a Comment

MassDevice.com Earnings Roundup

MassDevice keeps a close eye on public medical device companies, tracking their quarterly sales and earnings reports. For the most recent filings, check out our Earnings Roundup, where we collect each quarter’s reports.

Here’s a quick rundown of a few releases over the past couple days:

Filed Under: MassDevice Earnings Roundup, News Well Tagged With: Accuray Inc., CareFusion Corp., HeartWare International Inc., Iridix Corp., Orthofix, PerkinElmer Inc., Q1, Rochester Medical Corp., Smith & Nephew, Theragenics Corp., ThermoGenesis Corp., wrightmedical

Endo targets American Medical Systems for $2.9 billion | Acquisitions roundup

April 12, 2011 By MassDevice staff Leave a Comment

M and A Roundup

A company that began life in the pharmaceutical sector is venturing forth into devices in its quest to become a more diversified health care company.

Filed Under: Mergers & Acquisitions, News Well Tagged With: American Medical Systems Holdings Inc., CareFusion Corp., CryoLife, Endo Health, Laboratory Corp. of America Holdings, Rochester Medical Corp., Shrink Nanotechnologies Inc.

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