• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

MassDevice

The Medical Device Business Journal — Medical Device News & Articles | MassDevice

  • Latest News
    • Cardiovascular
    • Orthopedics
  • Wall Street Beat
    • Funding Roundup
    • Mergers & Acquisitions
  • Podcasts & Webinars
    • Podcasts
    • Webinars
  • Resources
    • About MassDevice
    • Newsletter Signup
    • Leadership in Medtech
    • Manufacturers & Suppliers Search
    • MedTech 100 Index
    • Videos
    • Whitepapers
  • DeviceTalks Tuesdays
  • Coronavirus: Live updates

Tactile Systems Technology

Tactile Medical Systems acquires Afflovest

September 10, 2021 By Danielle Kirsh

Tactile Systems this week announced that it has acquired the assets of the AffloVest respiratory therapy business from International Biophysics. Minneapolis-based Tactile Medical financed the transaction through a combination of cash on hand and $55 million of borrowings under an existing credit facility. The credit facility is provided by Wells Fargo Bank. AffloVest is a […]

Filed Under: Respiratory Tagged With: Tactile Systems Technology

Tactile Systems Technology names new president and CEO

May 22, 2020 By Danielle Kirsh

Tactile Medical (NSDQ: TCMD) this week appointed Daniel Reuvers as president and CEO, effective June 8. Reuvers succeeds Gerald Mattys who is retiring who will serve as a consultant for the company until June 2021. “After a comprehensive search process which yielded several highly qualified candidates, I am very pleased to announce that the Board of Directors […]

Filed Under: Business/Financial News Tagged With: Tactile Systems Technology

Tactile Systems up despite 1Q losses

May 4, 2020 By Sean Whooley

Tactile Systems Technology (NSDQ: TCMD) shares crept up today on mixed first-quarter results that included a slide from profits to losses. The Minneapolis-based company posted losses of -$1.3 million, or -7¢ per share, on sales of $43.7 million for the three months ended March 31, 2020, for a bottom-line into the red from profits of $1.5 million […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Wall Street Beat Tagged With: coronavirus, COVID-19, Tactile Systems Technology

Competitor’s lawsuit against Tactile Medical can proceed

February 25, 2020 By Chris Newmarker

A U.S. District Court judge in southern Texas has denied a motion from Tactile Medical (NSDQ: TCMD) to dismiss a competitor’s qui tam complaint. Veterans First Medical Supply (Houston) claimed in its lawsuit filed in early 2019 that Tactile is defrauding Medicare and Medicaid because it contracts with hundreds of clinicians to provide at-home setup […]

Filed Under: Legal News, Medicare, News Well Tagged With: Tactile Systems Technology, Veterans First Medical Supply

Tactile Medical CEO announces retirement in 2020

January 14, 2020 By Danielle Kirsh

Tactile Medical CEO Jerry Mattys this week announced his intention to retire later this year. Mattys has served as the CEO of Tactile Medical since 2005, which has shown financial growth of 21% to 22% year-over-year. “After a 38-year career in the healthcare industry, I am announcing my intention to retire in 2020. It has […]

Filed Under: Business/Financial News, Featured Tagged With: Tactile Systems Technology

Huennekens out, Azarbarzin in at Verb Surgical | Personnel Moves, July 24, 2019

July 24, 2019 By Brad Perriello

Veteran medtech executive Scott Huennekens is out as CEO of Verb Surgical, the robot-assisted surgery joint venture between Johnson & Johnson (NYSE:JNJ) and Google parent Alphabet (NSDQ:GOOGL), which today installed Kurt Azarbarzin in the corner office. Azarbarzin, himself a medical device industry longtimer, was co-founder & CEO of SurgiQuest until its 2016 acquisition by ConMed (NSDQ:CNMD), where he was named […]

Filed Under: Business/Financial News, Featured, Robotics Tagged With: Alphabet (Google), currenthealth, Hologic, Johnson and Johnson, maxqai, micronsolutions, NeuroPace, Optum, Personnel Moves, Sorrel Medical, Tactile Systems Technology, Verb Surgical, Zynex

Nevro taps ex-Thoratec CEO Grossman | Personnel Moves, March 20, 2019

March 20, 2019 By Brad Perriello

Nevro Corp. (NYSE:NVRO) said yesterday that it named former Thoratec CEO Keith Grossman to replace president & CEO Rami Elghandour after striking a deal with one of its investors, Broadfin Capital. Grossman re-joined Thoratec after taking over at Conceptus in December 2011 and leading it to a $1.1 billion sale to Bayer in June 2013 (he’d […]

Filed Under: Business/Financial News Tagged With: AdvaMed, California Life Sciences Assn, CardioMech, Check-Cap, electroCore, LivaNova, Nevro Corp., Personnel Moves, renovia, Synaptive Medical, Tactile Systems Technology

Globus Medical gains on Street-beating prelims | Wall Street Beat

January 9, 2019 By Brad Perriello

Globus Medical (NYSE:GMED) shares closed up yesterday after the orthopedics company reported preliminary fourth-quarter and 2018 sales numbers that beat the consensus forecast on Wall Street. Audubon, Pa.-based Globus said it expects to post Q4 revenues of $195.5 million and full-year sales of $712.5 million; analysts on The Street were looking for quarterly sales of $188.2 million and […]

Filed Under: Featured, MassDevice Earnings Roundup, Wall Street Beat Tagged With: conformis, Globus Medical, Iridex Corp., Masimo, Neuronetics, Tactile Systems Technology

Analyst downgrades pressure medtech stocks

January 3, 2019 By Brad Perriello

Several medical device companies took hits yesterday after analysts on Wall Street downgraded their stocks, on a day when the major market indices each closed up a hair, and even medtech firms that enjoyed upgrades came under pressure. Globus Medical (NYSE:GMED) suffered the most after Morgan Stanley analyst David Lewis cut his rating on the stock from […]

Filed Under: Featured, Wall Street Beat Tagged With: Abbott, Apollo Endosurgery, Bausch + Lomb, Baxter, Bayer, Globus Medical, Henry Schein Inc., Hologic, Insulet, Medtronic, Smith & Nephew, Stryker, Tactile Systems Technology, Zimmer Biomet

Fujifilm Sonosite taps Ueda as chair, CEO | Personnel Moves – August 9, 2018

August 9, 2018 By Fink Densford

Fujifilm‘s (TSE:4901) SonoSite subsidiary said earlier this week it appointed Fujifilm vet and current Fujifilm Medical Systems USA and Fujifilm New Development USA prez Takaaki Ueda as its new chair and CEO. Previously, Ueda has also served as Fujifilm global endoscopy systems division GM, the company said. Ueda will replace the departing Masayuki Higuchi who […]

Filed Under: Business/Financial News Tagged With: Biolase, Carmat Inc., Entellus Medical Inc., Fujifilm, Haemonetics, Johnson and Johnson, neurologics, orthoconsulting, Personnel Moves, PositiveID Corp., SonoSite, Tactile Systems Technology

Tactile Medical shareholders ready $109 million offering

September 15, 2017 By Fink Densford

Tactile Systems Technology said this week that its investors have priced a new offering, looking to raise approximately $109 million. In the offering, investors in the Minneapolis, Minn.-based company will look to offer 3.3 million shares of common stock at approximately $33 per share. The offering will also include an underwriters option to purchase an additional […]

Filed Under: Business/Financial News Tagged With: Tactile Systems Technology

  • Go to page 1
  • Go to page 2
  • Go to Next Page »

Primary Sidebar

DeviceTalks Weekly

July 1, 2022
Boston Scientific CEO Mike Mahoney on building a corporate culture that drives high growth results
See More >

MEDTECH 100 INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.
Need Medtech news in a minute?
We Deliver!

MassDevice Enewsletters get you caught up on all the mission critical news you need in med tech. Sign up today.

MDO ad

Footer

MASSDEVICE MEDICAL NETWORK

DeviceTalks
Drug Delivery Business News
Medical Design & Outsourcing
Medical Tubing + Extrusion
Drug Discovery & Development
Pharmaceutical Processing World
MedTech 100 Index
R&D World

Device Talks Webinars, Podcasts, & Discussions

Attend our Monthly Webinars
Listen to our Weekly Podcasts
Join our Device Talks Tuesdays Discussion

MASSDEVICE

Subscribe to MassDevice E-Newsletter
Advertise with us
About
Contact us
Add us on Facebook Follow us on Twitter Connect with us on LinkedIn Follow us on YouTube

Copyright © 2022 · WTWH Media LLC and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media.

Advertise | Privacy Policy | RSS