The market for aesthetic medical devices gained some ground during the 2nd quarter, a MassDevice.com analysis shows, although healthy sales growth didn’t necessarily translate into healthy bottom lines for all comers.
Syneron Medical Ltd.
Derma Sciences wins CE Mark for honey-based wound dressing | Regulatory Roundup
Abbott’s split reflects “evolution” of the healthcare market, says CEO | Wall Street Beat
Abbott (NYSE:ABT) offered additional details on its up-coming split, which will result in a new standalone pharmaceutical and biologics arm dubbed AbbVie.
Details emerge on ex-Stryker CEO MacMillan’s departure | Wall Street Beat
Accuray slides on lowered sales outlook | Earnings Roundup
Accuray (NSDQ:ARAY) shares are down nearly 10% today as investors react to wider 3rd-quarter losses and a lower sales forecast for the rest of fiscal 2012.
The Sunnyvale, Calif.-based radiosurgery device maker reported losses of $14.9 million, or 21¢ per share, on sales of $101.8 million during the 3 months ended March 31.
EU clears J&J’s $21B Synthes buyout | Wall Street Beat
Johnson & Johnson‘s (NYSE:JNJ) move to ditch its DePuy trauma business mollified EuroZone anti-trust regulators enough to win their approval for its $21.3 billion buyout of Synthes Inc.
Analyst: CRM market “bad as it’s ever been” | Wall Street Beat
The cardiac rhythm management market is "about as bad as it has ever been," according to an analyst with Gabelli & Co., due in part to headwinds from a federal probe and a negative journal article.
MassDevice.com +3 | The top 3 med-tech stories for March 20, 2012.
Say hello to MassDevice +3, a bite-sized view of the top three med-tech stories of the day. This feature of MassDevice.com’s coverage highlights our 3 biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry.
If you read nothing else today, make sure you’re still in the know with MassDevice +3.
Syneron’s CE Mark temporarily suspended for LiteTouch dental laser
European regulators temporarily suspended Syneron Medical’s (NSDQ:ELOS) CE Mark for certain dental laser products after testing raised concerns about electromagnetic interference.
Zimmer CEO David Dvorak named new chairman of AdvaMed | Personnel Moves
Masimo picks up LED maker Spire Semiconductor for undisclosed amount | MassDevice.com On Call
MASSDEVICE ON CALL — Masimo (NSDQ:MASI) nabbed light-emitting diode-maker Spire Semiconductor LLC for an undisclosed amount in a move aimed at cutting costs, speeding development and spurring innovation.
Spire’s advanced LED technology was spun into a wholly owned Hudson, N.H.-based subsidiary named Masimo Semiconductor, which will develop custom components for Masimo’s devices as well as for biomedical, telecommunications, consumer products and other markets, according to a press release.